Publication Details
Issue: Vol 2, No 1 (2024)
ISSN: 2993-2157
Abstract
The capital structure of a joint stock company plays a critical role in determining its financial strength and overall value in the eyes of investors and stakeholders. This article examines various optimization criteria that can be used to maximize shareholder value through strategic capital structure decisions. Through a review of existing literature and empirical studies, this study aims to comprehensively explain the main factors influencing the formation of capital structure and their impact on company value.
Keywords
Leveraged beta
unleveraged beta
private equity valuation
debt valuation
weighted average equity valuation