Sökning: "Matthew Parsonage"
Hittade 1 uppsats innehållade orden Matthew Parsonage.
1. The Decision of Debt or Equity Financing
Master-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : Different approaches have been used to test capital structure theories empirically. In this paper the statement that Myers and Majluf (1984) discussed, that a low risk debt issue should affect the firm value less than a high risk equity issue, is explored and tested by applying an event study approach similar to the one Eckbo (1986) carried out on different kinds of debt issuances. LÄS MER
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