Capital Structure and Ownership Structure: A Review of Literature
Journal of Online Education, January 2009
8 Pages Posted: 4 Feb 2009
Date Written: February 3, 2009
There have always been controversies among finance scholars when it comes to the subject of capital structure. So far, researchers have not yet reached a consensus on the optimal capital structure of firms by simultaneously dealing with the agency problem. This paper provides a brief review of literature and evidence on the relationship between capital structure and ownership structure. The paper also provides theoretical support to the factors (determinants) which affects the capital structure.
Keywords: Capital Structure, Ownership Structure, Agency Theory, Corporate Finance
Suggested Citation: Suggested Citation