5. Capital Structure and Returns

  1. H. Kent Baker and
  2. Gerald S. Martin
  1. Yaz Gülnur Muradoǧlu1 and
  2. Sheeja Sivaprasad2

Published Online: 20 DEC 2011

DOI: 10.1002/9781118266250.ch5

Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice

Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice

How to Cite

Baker, H. K. and Martin, G. S. (2011) Capital Structure and Returns, in Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118266250.ch5

Author Information

  1. 1

    Professor of Finance, Cass Business School, City University

  2. 2

    Senior Lecturer, Department of Finance and Business Law, University of Westminster

Publication History

  1. Published Online: 20 DEC 2011
  2. Published Print: 18 APR 2011

ISBN Information

Print ISBN: 9780470569528

Online ISBN: 9781118266250

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Keywords:

  • capital structure;
  • stock return;
  • corporate control theory;
  • product cost theory;
  • pecking order theory

Summary

This chapter contains sections titled:

  • Introduction

  • Theories of Capital Structure

  • Theories of Capital Structure

  • Empirical Work on the Relationship Between Leverage and Returns

  • Why the Empirical Relationship Between Leverage and Returns Differs

  • Summary and Conclusions

  • Discussion Questions

  • About the Authors