A number of developments in the past few years have dramatically changed the framework for evaluating capital structure alternatives for U.S. insured depository institutions of all sizes. First, the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Capital is money companies raise for long-term business investments and expenses. Long-term financing and investor equity are the two primary sources of capital. The optimum balance is referred to as ...

Capital structure is a term that describes the proportion of a company’s capital, or operating money, that is obtained through debt versus the proportion obtained through equity. Debt includes loans ...

A multiperiod model of optimal capital structure is developed under the assumption that earnings follow an autoregressive process. Firm value and leverage vary through time and, at each date, the firm ...

Antill, Samuel, and Steven R. Grenadier. "Optimal Capital Structure and Bankruptcy Choice: Dynamic Bargaining vs Liquidation." Journal of Financial Economics 133, no. 1 (July 2019): 198–224.

After working in consulting, venture capital and private banking, Matthias focuses on e-commerce-M&A with his ESER Capital VV GmbH. Mergers and acquisitions have become a common strategy for ...

Most private companies don’t spend much time thinking about their capital structure. A few people own the business, and they typically have a relationship with a commercial bank that works well for ...

The prolonged softness in commodity prices has deteriorated the profitability of oil and gas companies worldwide, forcing them to raise additional debt in order to sustain their operations. This, ...

Business leaders must continually evaluate the structure and means in which they finance their businesses. Shareholder loans and equity investments are two ways they can fund their operations. Each ...