Capital is money companies raise for long-term business investments and expenses. Long-term financing and investor equity are the two primary sources of capital. The optimum balance is referred to as ...

A number of developments in the past few years have dramatically changed the framework for evaluating capital structure alternatives for U.S. insured depository institutions of all sizes. First, the ...

The optimal capital structure for firms in cyclical industries is one that helps the business to pay off debts when cash is abundant and access to cash when demand is low. For operations, this means ...

A company's capital structure -- essentially, its blend of equity and debt financing -- is a significant factor in valuing a business. The relative levels of equity and debt affect risk and cash flow ...

A multiperiod model of optimal capital structure is developed under the assumption that earnings follow an autoregressive process. Firm value and leverage vary through time and, at each date, the firm ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

Capital structure is a term that describes the proportion of a company’s capital, or operating money, that is obtained through debt versus the proportion obtained through equity. Debt includes loans ...

Antill, Samuel, and Steven R. Grenadier. "Optimal Capital Structure and Bankruptcy Choice: Dynamic Bargaining vs Liquidation." Journal of Financial Economics 133, no. 1 (July 2019): 198–224.

The Journal of Finance publishes leading research across all the major fields of financial research. It is the most widely cited academic journal on finance and one of the most widely cited journals ...

After working in consulting, venture capital and private banking, Matthias focuses on e-commerce-M&A with his ESER Capital VV GmbH. Mergers and acquisitions have become a common strategy for ...