Mark-up and capital structure of the firm facing uncertainty

被引：2

作者：

Chatelain, JB ^{[1
]}

机构：

[1] Banque France, Ctr Rech, F-75049 Paris 01, France

来源：

ECONOMICS LETTERS | 2001年 / 74卷 / 01期

关键词：

capital; pricing; capital market imperfections;

D O I：

10.1016/S0165-1765(01)00525-0

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This note shows that, with pre-set price and capital decisions of firms facing uncertainty and financial market imperfections, price, mark up and the expected degree of capacity utilization (resp. capital) decreases (resp. increases) with the firm internal net worth. (C) 2001 Elsevier Science B.V. All rights reserved.

引用

页码：99 / 105

页数：7

共 6 条

[1]

Chevalier JA, 1996, AM ECON REV, V86, P703

[2] A THEORY OF DEBT BASED ON THE INALIENABILITY OF HUMAN-CAPITAL [J].