2026-09-20T08:39:29Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/728442022-01-13T07:54:28Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Stewart C. Myers.
Shore, William T., S.M. (William Thomas). Massachusetts Institute of Technology
Massachusetts Institute of Technology. Dept. of Economics.
Massachusetts Institute of Technology. Department of Economics
2012-09-13T18:55:52Z
2012-09-13T18:55:52Z
2012
http://hdl.handle.net/1721.1/72844
807147200
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Economics, June 2012.
"June 2012." Cataloged from PDF version of thesis.
Includes bibliographical references (p. 120-122).
We explain often anomalous results of capital structure tests by infusing tradeoff theory with real options. Of course one can explain almost everything using a soft qualitative theory. This paper's addition is to use a quantitative approach to generate tradeoff theory predictions for firms with valuable real options. We are able to explain many of the results of Rajan and Zingales (1995), Welch (2004), and Flannery and Rangan (2006).
by William T. Shore.
S.M.
122 p.
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by
copyright. They may be viewed from this source for any purpose, but
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http://dspace.mit.edu/handle/1721.1/7582
Economics.
On testing the Tradeoff Theory of capital structure with real options
Thesis
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