Top Posters
Since Sunday
t
7
m
6
k
6
F
5
j
5
t
5
j
5
G
5
f
5
a
5
d
5
c
5
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
jcarpp jcarpp
wrote...
Go to Answer
Posts: 107
Rep: 0 0
3 years ago
Firms often have suboptimal capital structures because

▸ their managers do not understand the theory of optimal capital structure.

▸ some business owners think their firm will never become insolvent.

▸ firms are affected differently by bankruptcy and agency costs.

▸ some firms do not pay taxes.

▸ operating leverage is more important than financial leverage in some firms.
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
Read 27 times
1 Reply
Replies
Answer verified by a subject expert
aznzergsaznzergs
wrote...
#1
Posts: 87
Rep: 0 0
3 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jcarpp Author
wrote...

3 years ago
Thanks for your help!!
Alina01978
wrote...

Yesterday
You make an excellent tutor!
rhockeygirl
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1119 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 164
  
 108
  
 166
Your Opinion
What's your favorite funny biology word?
Votes: 334
Previous poll results: Should Ph.D.'s be addressed as doctors?