1.

Record Nr.

UNINA9910826572803321

Titolo

Capital structure / / guest editor: George P. Artikis

Pubbl/distr/stampa

Bradford, : Emerald Group Press, c2007

ISBN

1-280-92888-3

9786610928880

1-84663-411-3

Edizione

[1st ed.]

Descrizione fisica

61 p

Collana

Managerial Finance ; ; 33, no. 5

Altri autori (Persone)

ArtikisGeorge P

Disciplina

658.1;658.1/52

Soggetti

Corporations - Finance

Capital

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di contenuto

Cover -- CONTENTS -- Editorial advisory board -- Pricing multicallable range accruals with the Libor Market Model -- Value relevance of price, earnings and book values in the Athens Stock Exchange -- How firm characteristics affect capital structure: an empirical study -- Initial performance of Greek IPOs, underwriter's reputation and oversubscription -- A dividend function for Greek manufacturing -- Note from the publisher.

Sommario/riassunto

Financing decisions are vital for the financial welfare of the firm. A false decision about the capital structure may lead to financial distress and eventually to bankruptcy. The management of a firm sets its capital structure in a way that firm's value is maximized. However, firms do choose different financial leverage levels in their effort to attain an optimal capital structure. Although theoretical and empirical research suggests that there is an optimal capital structure, there is no specified methodology, yet, that financial managers can use in order to achieve an optimal debt level. However, financial theory does provide some help in understanding how the chosen financing mix affects the firm's value. This collection of papers shed light on various determinants of capital structure. With a particular emphasis on Greek examples, this e-book will enlighten the darksome scientific area of the capital structure determination.