Mark-up and Capital Structure of the Firm facing Uncertainty
Résumé
This note shows that, with pre-set price and capital decisions of firms facing uncertainty and financial market imperfections, price, mark up and the expected degree of capacity utilization (resp. capital) decreases (resp. increases) with the firm internal net worth.
Domaines
Economies et financesOrigine | Fichiers produits par l'(les) auteur(s) |
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