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Mechanism of formation of the company optimal capital structure, different from suggested by trade off theory

Under condition of proved by us insolvency of well-known classical trade off theory it becomes important to identify mechanisms for forming the optimal capital structure of a company. This paper presents one of the real such mechanisms based on the decrease of debt cost with leverage, which is deter...

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Autors principals: Peter Brusov, Tatiana Filatova, Natali Orekhova
Format: Artigo
Idioma:Inglês
Publicat: Taylor & Francis Group 2014-12-01
Col·lecció:Cogent Economics & Finance
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Accés en línia:http://dx.doi.org/10.1080/23322039.2014.946150
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