Capital structure irrelevance: related pages

Capital structure
The particular combination of debt, equity (shares) and other sources used by a company to finance its long term requirement for capital.
Dividend irrelevance
The theory that divided payments are irrelevant when valuing a company.
CAPM
A method of valuing securities or an investment using a discounted cash flow (DCF) using a risk adjusted discount rate.
Efficient markets
A market in which securities prices reflect all available information.
De-equitisation/re-equitisation
The subsitution of debt for equity.
Copyright Graeme Pietersz © 2005-2019