Optimal Capital Structure of Banks with Contingent Capital: A Structural Model

2011 ◽  
Author(s):  
Christine Maati-Sauvez ◽  
Jerome MAATI
Keyword(s):  
Capital Structure ◽  
Structural Model ◽  
Optimal Capital Structure ◽  
Contingent Capital ◽  
Optimal Capital

scholarly journals Creditor Coordination, Liquidation Timing, and Debt Valuation

2011 ◽  
Vol 46 (5) ◽  
pp. 1407-1436 ◽  
Author(s):  
Max Bruche
Keyword(s):  
Capital Structure ◽  
Closed Form ◽  
Continuous Time ◽  
Structural Model ◽  
Coordination Failures ◽  
Closed Form Solutions ◽  
Optimal Capital Structure ◽  
Optimal Capital ◽  
Debt Valuation ◽  
Creditor Coordination

AbstractThis paper derives closed-form solutions for values of debt and equity in a continuous-time structural model in which the demands of creditors to be repaid cause a firm to be put into bankruptcy. This allows discussion of the effect of creditor coordination in recovering money on the values of debt, equity, and the firm, as well as on optimal capital structure. The effects of features of bankruptcy codes that prevent coordination failures between creditors, such as automatic stays and preference law, are also considered. The model suggests that such features, while preventing coordination failures, can decrease welfare.

The Determinants of Dynamic Optimal Capital Structure in Korean Firms

2019 ◽  
Vol 37 (1) ◽  
pp. 115-140
Author(s):  
Eun-yub Park ◽  
Young-jae Kim
Keyword(s):  
Capital Structure ◽  
Optimal Capital Structure ◽  
Optimal Capital

Hedging with Forward Contracts and the Firm's Optimal Capital Structure

2002 ◽  
Author(s):  
Lutz Hahnenstein ◽  
Klaus Röder
Keyword(s):  
Capital Structure ◽  
Forward Contracts ◽  
Optimal Capital Structure ◽  
Optimal Capital

JUSTIFICATION FEATURES OF THE OPTIMAL CAPITAL STRUCTURE OF IT COMPANIES IN THE MODERN CONTEXT

2019 ◽  
Vol 1 (5) ◽  
pp. 197-206
Author(s):  
N. A. Tolkacheva ◽  
Keyword(s):  
Capital Structure ◽  
Optimal Capital Structure ◽  
Modern Context ◽  
Optimal Capital
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