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Searching for a Method of Optimal Capital Structure Determination
Abstract
Capital structure analysis has dominated modern corporate finance. Determining the way decisions regarding financing are made is a subject of many papers. Nevertheless, there is still a gap in research concerning how to calculate optimal capital structure. Only a few authors tried to provide a closed-form solution of this problem. The purpose of this paper is to show chosen models of determining optimal financing which would maximize market value of a given company. This paper is to be an introduction to further research on described models.
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DOI: http://dx.doi.org/10.17951/h.2017.51.6.367
Date of publication: 2018-02-27 16:38:20
Date of submission: 2017-05-03 13:56:21
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