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Corporate Debt Capacity: A Study of Corporate Debt Policy and the Determination of Corporate Debt Capacity (Business Classics) - Softcover
Synopsis
An important book for corporate financial planners and managers to assist in determining debt financing and the establishment of borrowing limits.
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From the Publisher
This study focuses on how a company determines the wise and proper limitation to borrowing, i.e., the appraisal of risk associated with debt financing and the establishment of borrowing limits. It shows how successful industrial corporations make the choice between debt and equity as the source of long-term capital. The determination of debt capacity is the appropriate limit to the amount of long-term debt outstanding at any point of time. The author explores how the process of making this decision may be improved. This important and interesting book is invaluable for corporate financial planners, corporate managers, and for all students of finance and business.
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- PublisherBeard Books Inc
- Publication date2000
- ISBN 10 1587980347
- ISBN 13 9781587980343
- BindingPaperback
- Number of pages312
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