Some Aspects of the Pure Theory of Corporate Finance: Bankruptcies and Take-overs
- 1 January 1972
- journal article
- Published by JSTOR in The Bell Journal of Economics and Management Science
- Vol. 3 (2) , 458
- https://doi.org/10.2307/3003033
Abstract
This paper considers the implications of bankruptcies, take-overs, and divergent expectations for the financial policy of the firm; we argue that, under reasona...This publication has 0 references indexed in Scilit: