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unicorngirl13 unicorngirl13
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Managers should not change the capital structure unless it departs significantly from the optimal level because such a change would

▸ reduce dividends.

▸ increase fixed costs.

▸ change incentives of stakeholders.

▸ incur transactions costs.
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
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jrhome1985!jrhome1985!
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unicorngirl13 Author
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4 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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