Capital Structure And Firm Value
Conroy, Robert M.
Capital Structure And Firm Value
F-0942 | Published March 29, 1990 | 15 pages Technical Note
Collection: Darden School of Business
Product Details
This note explores the interaction between the use of debt and firm value and provides a brief perspective on the use of debt. It also introduces the notions of financial and operating leverage. In addition, it covers the impact of the use of debt in the presence of no taxes, corporate taxes only, and both personal and corporate taxes.
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