Business, Management and Accounting
4 years ago

Debt Reigns: Firms Favor Debt Over Equity Financing, Study Finds.

2 views
Oxford University Press eBooks
Optimal Debt Structure and the Number of Creditors
Patrick Bolton, David Scharfstein

Paper Summary

The article discusses how companies mostly choose debt over equity for financing. It suggests that understanding the structure of debt financing is more crucial than deciding between debt and equity.

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