Does capital structure influence firms value?

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Essay from the year 2004 in the subject Business economics - Investment and Finance, grade: 1, University of Applied Sciences Kempten (University of Ulster), language: English, abstract: In accordance with the Signalling model by Ross (1977) an increase in gearing represents, in term of a company’s prospective cash flows, a positive signal to external investors. Because, due to the higher risk of ...
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Essay from the year 2004 in the subject Business economics - Investment and Finance, grade: 1, University of Applied Sciences Kempten (University of Ulster), language: English, abstract: In accordance with the Signalling model by Ross (1977) an increase in gearing represents, in term of a company’s prospective cash flows, a positive signal to external investors. Because, due to the higher risk of ...
Read more
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  • ISBN: 9783638449472
  • Number of pages: 9
  • Copy protection: None
  • Publication Date: Dec 20, 2005
  • Publisher: GRIN VERLAG
  • Language: English
  • Format: pdf