Despite a clear distinction in law between equity and debt, the results of such a categorization can be misleading. The growth of financial innovation in recent

This book focuses on microeconomic foundations of capital structure theory. It combines theoretical results with a large number of examples, exercises and appli

Empirical Capital Structure reviews the empirical capital structure literature from both the cross-sectional determinants of capital structure as well as time-s

Capital structure and corporate governance are the important areas that represent salient part of corporate finance research. By studying various aspects of the