Meaning CAPITAL MARKET IMPERFECTIONS VIEW: The view that issuing debt is generally valuable, but that the firm's optimal choice of capital structure involves various other views of capital structure (net corporate/personal tax, agency cost, bankruptcy cost, and pecking order), that result from considerations of asymmetric information, asymmetric taxes, and transaction costs
More terms such as Capital market imperfections view in Dictionary C.
- Definition Corporate Acquisition:
- Examples The acquisition of one firm by another firm capital market imperfections view definition.
- Definition Cross-Default:
- Examples A provision under which default on one debt obligation triggers default on another debt obligation capital market imperfections view explain.
- Definition Conduit Theory:
- Examples because investment companies are merely conduits for capital gains, dividends, and interest, which are in fact passed through to shareholders, the investment company should not be taxed at the capital market imperfections view what is.
- Definition Changes In Financial Position:
- Examples Sources of funds provided from operations that alter a company's cash flow position: depreciation, deferred taxes, other sources, and capital expenditures capital market imperfections view meaning.
- Definition Conversion Premium:
- Examples The extent by which the conversion price of a convertible security exceeds the prevailing common stock price at the time the convertible security is issued capital market imperfections view abbreviation.
