Estructura de financiamiento: ¿cuánta deuda debería incorporar en mi empresa?

Fernando Rubio ()

MPRA Paper from University Library of Munich, Germany

Abstract: Structure of financing: How much debt should I incorporate in my firm? The article studies some aspects related to the structure of financing. Particularly, it analyzes if is good to be gotten into debt and, in case that it be, in which conditions a business should incorporate debt. As a framework, the contribution of Modigliani and Miller is utilized. Then, a statistical analysis of businesses is carried out for the U.S. market in order to contrast empirically the proposals. The conclusion to the questioning is: "It depends on the business in which your firm is, your preference for risk and your preference for sharing prominence".

Keywords: Structure of financing; Modigliani & Miller; debt; risk; return. (search for similar items in EconPapers)
JEL-codes: G32 G33 (search for similar items in EconPapers)
Date: 2006-01-29, Revised 2006-05-21

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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:578

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