Debt: how much is too much?
Debt provides value to firms but excessive debt exposes firms to bankruptcy risk. We have discovered the optimum amount of debt a firm may employ that in return, could minimize bankruptcy risk.
| Main Author: | |
|---|---|
| Format: | Conference or Workshop Item |
| Language: | English English |
| Published: |
2014
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/36644/ http://irep.iium.edu.my/36644/1/Kongsi_Ilmu_%40_FEP_UKM.pdf http://irep.iium.edu.my/36644/2/Kongsi_Ilmu_Presentation.pdf |
| Summary: | Debt provides value to firms but excessive debt exposes firms to bankruptcy risk. We have discovered the optimum amount of debt a firm may employ that in return, could minimize bankruptcy risk. |
|---|