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Management of Financial Policy Decisions: Capital Structure Policy
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Reference: DARDEN-F-1743-E
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Number of pages: 17
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Publication Date: Dec 4, 2015
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Fecha de edición: Apr 4, 2016
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Source: Darden University of Virginia (USA)
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Type of Document: Technical Note
Description
This technical note provides an overview of capital structure policy. Through a series of hypothetical situations and real-world examples, students will gain an understanding of the benefits and costs of debt and equity financing. This note explores the value and cost of capital implications of capital structure policy with the intent to explain why businesses such as Hilton Worldwide and Computer Sciences differ so dramatically in their capital structure policy.