{"title":"什么是适用于所有公司的最优财务结构","authors":"Chimba Ulrich Djomo","doi":"10.20525/ijfbs.v11i3.2038","DOIUrl":null,"url":null,"abstract":"To maximize value, companies must adopt the optimal financial structure. However, identifying this structure is not easy. Literature does not give satisfactory results. To remedy this difficulty, we have sought the optimal financial structure applicable to all companies. Thus, in a new approach by the cost of capital, using modelling, we identify an optimal financial structure model that can neutralize the risk of default of debt: D/K with t ? i but t > i.","PeriodicalId":181605,"journal":{"name":"International Journal of Finance & Banking Studies (2147-4486)","volume":"40 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2022-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"What is the Optimal Financial Structure Applicable to All Companies\",\"authors\":\"Chimba Ulrich Djomo\",\"doi\":\"10.20525/ijfbs.v11i3.2038\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"To maximize value, companies must adopt the optimal financial structure. However, identifying this structure is not easy. Literature does not give satisfactory results. To remedy this difficulty, we have sought the optimal financial structure applicable to all companies. Thus, in a new approach by the cost of capital, using modelling, we identify an optimal financial structure model that can neutralize the risk of default of debt: D/K with t ? i but t > i.\",\"PeriodicalId\":181605,\"journal\":{\"name\":\"International Journal of Finance & Banking Studies (2147-4486)\",\"volume\":\"40 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2022-09-29\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Finance & Banking Studies (2147-4486)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.20525/ijfbs.v11i3.2038\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Finance & Banking Studies (2147-4486)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.20525/ijfbs.v11i3.2038","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
摘要
为了实现价值最大化,公司必须采用最优的财务结构。然而,识别这种结构并不容易。文献没有给出令人满意的结果。为了解决这一困难,我们寻求适用于所有公司的最佳财务结构。因此,在资本成本的新方法中,使用建模,我们确定了一个可以中和债务违约风险的最优财务结构模型:D/K与t ?I but t > I。
What is the Optimal Financial Structure Applicable to All Companies
To maximize value, companies must adopt the optimal financial structure. However, identifying this structure is not easy. Literature does not give satisfactory results. To remedy this difficulty, we have sought the optimal financial structure applicable to all companies. Thus, in a new approach by the cost of capital, using modelling, we identify an optimal financial structure model that can neutralize the risk of default of debt: D/K with t ? i but t > i.