Testing market timing effect on capital structure by cost of equity
碩士 === 國立中山大學 === 企業管理學系研究所 === 98 === Baker and Wurgler (2002) proposed market timing theory and indicated the observed capital structures are the outcomes that managers timed the equity market and took advantages of timing when information asymmetry is low and stock price is high. But many scholar...
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| Format: | Others |
| Language: | zh-TW |
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2009
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| Online Access: | http://ndltd.ncl.edu.tw/handle/58860179997407243714 |