Date of Award
2003
Document Type
Project
Degree Name
Master of Business Administration
Department
College of Business and Public Administration
Abstract
Corporate finance researchers have long been puzzled by low corporate debt ratios given debt's corporate tax advantage. What makes the capital structure debate especially intriguing is that the different theories represent such different, and in some ways almost diametrically opposed, decision-making processes.
Recommended Citation
Lahiani, Mohamed, "The capital structure puzzle: On the existence of an optimal capital structure" (2003). Theses Digitization Project. 2350.
https://scholarworks.lib.csusb.edu/etd-project/2350