Shin, Hyun-Han (contributor); Stulz, René M. (contributor) - 2000 - [Elektronische Ressource]
* Respectively, Assistant Professor of Finance at the School of Management, State University of New York
at Buffalo, and Everett D …-tradeoff capital structure literature and the risk management literature make
the volatility of equity endogenous. With the static …,
therefore, firm q is negatively related to equity volatility over some range.
The risk management literature argues that firms …