Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Capital is money companies raise for long-term business investments and expenses. Long-term financing and investor equity are the two primary sources of capital. The optimum balance is referred to as ...

The optimal capital structure for firms in cyclical industries is one that helps the business to pay off debts when cash is abundant and access to cash when demand is low. For operations, this means ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

Capital structure is a term that describes the proportion of a company’s capital, or operating money, that is obtained through debt versus the proportion obtained through equity. Debt includes loans ...

Antill, Samuel, and Steven R. Grenadier. "Optimal Capital Structure and Bankruptcy Choice: Dynamic Bargaining vs Liquidation." Journal of Financial Economics 133, no. 1 (July 2019): 198–224.

After working in consulting, venture capital and private banking, Matthias focuses on e-commerce-M&A with his ESER Capital VV GmbH. Mergers and acquisitions have become a common strategy for ...

Most private companies don’t spend much time thinking about their capital structure. A few people own the business, and they typically have a relationship with a commercial bank that works well for ...