3. The trade-off theory of capital structure predicts that firms have optimal (target) debt ratios. Discuss the
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3. The trade-off theory of capital structure predicts that firms have optimal (target)
debt ratios. Discuss the differences in the rate of adjustment toward optimal capital structure across countries with different legal traditions and financial structure systems.
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Capital Structure And Corporate Financing Decisions Theory Evidence And Practice
ISBN: 9780470569528
1st Edition
Authors: H. Kent Baker, Gerald S. Martin
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