Analysis of Capital Structure and Efficiency
- Received Date: 1999-09-10
- Publish Date: 1999-12-15
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Key words:
- capital structure /
- bankruptcy /
- efficiency /
- capital costs
Abstract: This paper studies manager's constrain from capital structure, presents the condition of bankruptcy and firing, and analyzes the relation betWeen capital structure and efficiency.The conclusion is also drawn that the owner of the company can design a capital structure to make the manager's operation more efficient.
Citation: | Ni Debing, Tang Xiaowo. Analysis of Capital Structure and Efficiency[J]. Journal of University of Electronic Science and Technology of China, 1999, 28(6): 582-585. |