Effects of Inflation on Capital Structure
A study was undertaken to examine the aggregate capital structure based on factors that affect the demand for and supply of corporate debt. It is suggested that the equilibrium level of aggregate corporate debt is determined by the following effects: 1. the Miller Effect (1977), which shows that the...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
1988
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/821 |
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| Institution: | Singapore Management University |
| Language: | English |