Theory and Evidence. The Journal of Financial Economics 39, 857–878. A. The major objective of the paper

QUESTIONS ON PAPERS TO BE DISCUSSED
FALL 2019
Bradley, Michael, Jarrell, Gregg A. and Kim, E. Han. 1984, On the Existence of an Optimal Principal Composition:
Theory and Evidence. The Journal of Financial Economics 39, 857–878.
A. The elder extrinsic of the monograph.
B. What motivates the fabricators to interest up this design?
C. What do they experience?
D. What descriptions do they adduce in stay of their experienceings?
Masulis, Ronald W. 1980. The Effects of Principal Composition Change on Security Prices: A Study of Diversify
Offers, Journal of Financial Economics, 8, 139-178.
A. What is the main extrinsic of the monograph?
B. Why are diversify adduces considered as a “pure” experiment of principal composition theories?
C. What three competing hypotheses does the fabricator experiment in this monograph? What rationale does each of the
hypotheses adduce concerning communicate reactions to diversify adduces?
D. Which individual, if any, presents the best description?
E. What are the pristine conclusions?
Myers, Stewart C. 1977, Determinants of Corporate Borrowing, Journal of Financial Economics 5, 47–175.
A. What is the determinant that Myers design in this monograph?
B. How does the determinant parallel with other determinants that feel been designd in the literary-works?
C. How does the fabricator direct discretion pricing pattern to debit financing?
D. How does the fabricator go environing staying the designd determinant?
E. How does the pattern teach the usage of matching maturities of proceeds and debit liabilities?
F. Elder contributions of the monograph.