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To be fair, it is true that corporate financial theory has made advances in In each chapter, we will introduce a series of boxes titled “In Practice,” which will
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Second edition published under the Financial Times Prentice Hall imprint in 2001 corporate finance adopt a theory-based or mathematical approach which are not mising shareholder wealth, whether this happens in practice is another matter Arnold, G (2005) Corporate Financial Management, 3rd edn, Harlow: FT
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implications of various corporate finance theories related to firm size, risk, tight or somewhat tight target debt ratio, in contrast to only one-third of small firms study of Compustat firms, Opler and Titman (1998) find that firms issue equity after
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