最优资本结构对经济及其它价值的作用【外文翻译】.doc

本文档来自高校大学生毕业论文答辩过程材料，版权归原作者所有，供下载者论文创作参考借鉴之用，请勿作商用！本科毕业论文(设计)外文翻译原文:OptimalCapitalStructureReflectionsonEconomicandOtherValuesOverthelastfewdecadesstudieshavebeenproducedontheeffectofotherstakeholders’-(Ibid.).Furthermore,theissueofcorporatecontrol1and,related,theissueofcorporategovernance,receivealion’,onethingisclear:Thecapitalstructuredecision(orrather,themanagementofthecapitalstructureovertime)involvesmoreissuesthanthemaximizationofthefirm’,,,alegalentitywhichcanbefound,inamongothers,,werefertoHallerbachandSpronk。Accordingtotheneoclassicalviewontheroleofthefirm,thefirmhasonesingleobjective:-wealthmaximization-thegoalofthefirmismaximizationofthefirm’scontributiontothefinancialwealthofitsshare--thetrade-offtheoryandthepeckingordertheo