The value effects of capital structure : essays on leverage and its impact on stock returns
This thesis examines if leverage can explain stock returns. Due to the overwhelming influence of Modigliani and Miller (1958)'s seminal work on capital structure where they argue that firm value is independent of financing decisions, limited work has been undertaken on leverage as an independen...
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City University London
2007
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.446263 |