DEBT POLICY AND THE RATE OF RETURN PREMIUM TO LEVERAGE

被引:102
作者
KANE, A [1 ]
MARCUS, AJ [1 ]
MCDONALD, RL [1 ]
机构
[1] NORTHWESTERN UNIV,KELLOGG SCH,EVANSTON,IL 60201
关键词
D O I
10.2307/2330763
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
引用
收藏
页码:479 / 499
页数:21
相关论文
共 18 条
[1]  
Brealey R., 1981, PRINCIPLES CORPORATE
[2]   CORPORATE INCOME-TAXES, VALUATION, AND PROBLEM OF OPTIMAL CAPITAL STRUCTURE [J].
BRENNAN, MJ ;
SCHWARTZ, ES .
JOURNAL OF BUSINESS, 1978, 51 (01) :103-114
[3]   MARKET RISK ADJUSTMENT IN PROJECT VALUATION [J].
CONSTANTINIDES, GM .
JOURNAL OF FINANCE, 1978, 33 (02) :603-616
[4]   OPTIMAL CAPITAL STRUCTURE UNDER CORPORATE AND PERSONAL TAXATION [J].
DEANGELO, H ;
MASULIS, RW .
JOURNAL OF FINANCIAL ECONOMICS, 1980, 8 (01) :3-29
[5]   OPTION PRICING MODEL AND RISK FACTOR OF STOCK [J].
GALAI, D ;
MASULIS, RW .
JOURNAL OF FINANCIAL ECONOMICS, 1976, 3 (1-2) :53-81
[6]  
*INT REV SERV, 1976, STAT INC
[7]  
KANE A, 1984, J FINANCE, V39, P853
[9]   STATE-PREFERENCE MODEL OF OPTIMAL FINANCIAL LEVERAGE [J].
KRAUS, A ;
LITZENBERGER, RH .
JOURNAL OF FINANCE, 1973, 28 (04) :911-922
[10]   OPTION PRICING WHEN THE UNDERLYING ASSET EARNS A BELOW-EQUILIBRIUM RATE OF RETURN - A NOTE [J].
MCDONALD, R ;
SIEGEL, D .
JOURNAL OF FINANCE, 1984, 39 (01) :261-265