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University of Illinois at Urbana-Champaign
Effects of Ownership Pattern on Capital Structure: A Special Case of Stock and Mutual Property Liability Insurance Firms (Solvency, Liquidity)
Abstract
dc:descriptionFirst, the situation in an idealized world without taxes is discussed. It is shown that in the absence of monitoring, both stock and mutual firms will minimize equity. When monitoring is allowed, firms may minimize or maximize equity depending on the circumstances. Under certain other conditions firms may be indifferent to the level of equity.
Degree
thesis:*- Name thesis:degree_name
- Ph.D.
- Level thesis:degree_level
- Dissertation
- Discipline thesis:degree_discipline
- Finance
- Grantor
- University of Illinois at Urbana-Champaign
- Year dc:date
- 2014
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Datta, Prabir
Subjects
dc:subject × 1Identifiers
dc:identifier.*- Identifier
- (UMI)AAI8701470
- OAI identifier oai:identifier
- oai:www.ideals.illinois.edu:2142/71521