[商管] 財管 公司價值極大化

看板Grad-ProbAsk作者 (小銘)時間13年前 (2013/02/09 21:32), 編輯推噓2(204)
留言6則, 3人參與, 最新討論串1/1
under what conditions would a policy of maximizing the value of the entire company not be the same as a policy of maximizing shareholders' wealth? A)If an issue of debt affects the value of existing debt B)If the issue of debt increases the probability of bankruptcy C)If the firm issues debt for the first time D)If the beta of equity is changed when the company changes the capital structure 我覺得C,D較不可能 但不知得是A還是B 請教版友 感謝~ -- ※ 發信站: 批踢踢實業坊(ptt.cc) ◆ From: 125.230.25.235

02/11 11:23, , 1F
a吧
02/11 11:23, 1F

02/11 19:37, , 2F
感謝M大 但不知是為何?
02/11 19:37, 2F

02/12 13:27, , 3F
用T字帳想 若債權固定 則公司價值與股東財富同額同向變動
02/12 13:27, 3F

02/12 13:28, , 4F
因此若債務價值無法可靠衡量 則極大化公司價值不等於極大
02/12 13:28, 4F

02/12 13:29, , 5F
化股東財富
02/12 13:29, 5F

02/12 16:16, , 6F
感謝y大 了解了~
02/12 16:16, 6F
文章代碼(AID): #1H5a_Uv5 (Grad-ProbAsk)