Structure of financing: How much debt should I incorporate in my firm? The article studies some aspects related to the … structure of financing. Particularly, it analyzes if is good to be gotten into debt and, in case that it be, in which conditions … a business should incorporate debt. As a framework, the contribution of Modigliani and Miller is utilized. Then, a …

the country’s creditworthiness. Therefore, a default and debt restructuring were inevitable sooner or later—and certainly … budget deficit and public debt figures. The prosaic tale of the supposed inevitability of the Greek tragedy has been endorsed … about 50 percent of the time. Does that tell you something?” In reality, Greece’s road to default and debt restructuring in …

. We find that the likelihood of asset sales increases with the firm’s low capacity of debt utilisation and decreases with …

debt. These results for Pakistan are different from those other two countries. This also shows that inefficiencies coupled … with high leverage may entangle Pakistani firms in debt trap. The indicator of prime lending rate is the most decisive …

This paper analyzes debt-equity choice for financing a two-stage investment when a firm’s insiders have private … issue debt and firms with a low rate of earnings growth issue equity. This provides new insights into the issue of different … kinds of securities by different types of firms under asymmetric information as well as the link between debt-equity choice …

In a simple firm value model we consider the impact of the insolvency probability on the valuation of equity and debt …, which are assumed to be not publicly traded. For the case of a distressed company, which usually has high debt and low … equity, we can show that the impact becomes increasingly important. Disregarding this yields an overvaluation of debt and an …