Topics in Finance, Part V - Capital Structure
Judith A. Laux
Colorado College - Department of Economics and Business
November 5, 2010
Continuing this series on the theory of financial management, the current article investigates capital structure, offering insight into the roles of stockholder wealth maximization, the risk-return trade-off, and agency conflicts. Much literature addresses this topic, and some of the most recent literature challenges certain theoretical cornerstones touted in the textbooks, as revealed in this work.
Number of Pages in PDF File: 11
Keywords: capital, stock, stockholder, risk, return, agency
JEL Classification: L2, K2
Date posted: November 7, 2010
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