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Estructura de financiamiento: ¿cuánta deuda debería incorporar en mi empresa?

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Author Info
Rubio, Fernando

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Abstract

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 statistical analysis of businesses is carried out for the U.S. market in order to contrast empirically the proposals. The conclusion to the questioning is: "It depends on the business in which your firm is, your preference for risk and your preference for sharing prominence".

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File URL: http://mpra.ub.uni-muenchen.de/578/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 578.

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Date of creation: 29 Jan 2006
Date of revision: 21 May 2006
Handle: RePEc:pra:mprapa:578

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Related research
Keywords: Structure of financing; Modigliani & Miller; debt; risk; return.;

Find related papers by JEL classification:
G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure
G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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This page was last updated on 2009-12-21.


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