About this document
Capital Structure: Debt Limitations Explained by Arini Falahiyah is a document available to read on EtoBox.
This document provides answers and explanations to questions about capital structure and the limits of using debt. It discusses the direct and indirect costs of debt for firms. It also explains why firms do not adopt an all-debt capital structure, despite tax benefits, due to increasing financial distress and agency costs from high debt levels. Reasons why some industries tend to use more debt are also summarized.
- Author
- Arini Falahiyah
- Language
- EN