LIBROS DEL AUTOR: roberto savona

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  • Dynamical Corporate Finance
    Roberto Savona / Umberto Sagliaschi
    The way in which leverage and its expected dynamics impact on firm valuation is very different from what is assumed by the traditional static capital structure framework. Recent work that allows the firm to restructure its debt over time proves to be able to explain much of the observed cross-sectional and time-series variation in leverage, while static capital structure predic...
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    158,88 €