Ni Debing, Tang Xiaowo. An Analysis of Dynamic Adaptability of Capital Structure to Macroeconomic Policy[J]. Journal of University of Electronic Science and Technology of China, 1999, 28(6): 601-604.
Citation:
Ni Debing, Tang Xiaowo. An Analysis of Dynamic Adaptability of Capital Structure to Macroeconomic Policy[J]. Journal of University of Electronic Science and Technology of China, 1999, 28(6): 601-604.
Ni Debing, Tang Xiaowo. An Analysis of Dynamic Adaptability of Capital Structure to Macroeconomic Policy[J]. Journal of University of Electronic Science and Technology of China, 1999, 28(6): 601-604.
Citation:
Ni Debing, Tang Xiaowo. An Analysis of Dynamic Adaptability of Capital Structure to Macroeconomic Policy[J]. Journal of University of Electronic Science and Technology of China, 1999, 28(6): 601-604.
An Analysis of Dynamic Adaptability of Capital Structure to Macroeconomic Policy
This paper builds a game model betWeen company and government, and analyzes the adaptbility of capital structUre to macroeconomic policy. The optimal capital structure function is also given. which includes the variable of macroeconomic policy. The influences of the macroeconomic policy on the optimal capital structure of the company are discussed.
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