Capital Structure Decisions: Evaluating Risk and Uncertainty

Praise for Capital Structure Decisions

“Dr. Yamini Agarwal presents a logical and compact framework for corporate decisions on capital structure. Over the last decades there has been an exponential growth in the number of instruments available to finance enterprises. The author introduces them clearly, while stressing the importance of fundamental variables that measure performance. The interplay of economics, accounting and regulatory issues is highlighted, making their complex relationships accessible to the nonspecialist reader. Definitely a useful guide to evaluate possible choices of capital structure.”

—Giovanni Barone-Adesi, Professor, University of Lugano, Switzerland

“Concise and profound! Summaries, items, and definitions are numerous like a good dictionary for capital structure; broadly based on H. A. Simon’s (1955) behavioral decision-making processes, and pertinently and moderately on S. C. Myers’s (1984); and empirically based on Yamini’s own long, vivid experiences and education accumulation. I believe that this unique book will have readers globally, and especially in India.”

—Hideyuki Kamiryo, Ph.D., Emeritus Professor, Hiroshima Shudo University

“This is an important book, well written and presented and covering key topics for financial decision makers across a range of organisations. This includes those working in large and medium-sized organisations, those managing different functions, and those offering business support and consultancy in these situations. ...