Professor Muhammed Ebrahim m.s.ebrahim@durham.ac.uk
Professor
The Pricing of Debt and Pareto-Optimal Financing under Endogenous Bankruptcy
Ebrahim, Muhammed-Shahid; Mathur, Ike
Authors
Ike Mathur
Abstract
Using an agency theoretical framework, this paper extends the optimal capital structure literature by modeling the rivalry between equity and debt to arrive at some very fundamental results involving endogeneity of bankruptcy, equilibrium interest rates, pricing of risk-free/risky debt and pareto-optimal financing techniques.
Citation
Ebrahim, M., & Mathur, I. (2001). The Pricing of Debt and Pareto-Optimal Financing under Endogenous Bankruptcy. International Journal of Theoretical and Applied Finance, 4(3), 491-509. https://doi.org/10.1142/s0219024901001085
Journal Article Type | Article |
---|---|
Publication Date | 2001-06 |
Deposit Date | Sep 25, 2014 |
Journal | International Journal of Theoretical and Applied Finance |
Print ISSN | 0219-0249 |
Electronic ISSN | 1793-6322 |
Publisher | World Scientific Publishing |
Peer Reviewed | Peer Reviewed |
Volume | 4 |
Issue | 3 |
Pages | 491-509 |
DOI | https://doi.org/10.1142/s0219024901001085 |
Public URL | https://durham-repository.worktribe.com/output/1453646 |
You might also like
Sukūk Development and Income Inequality
(2023)
Journal Article
On the Ethicality of Islamic Banking’s Business Model
(2023)
Journal Article
Rationalizing the Takaful Organizational Form with Institutional Theory
(2022)
Book Chapter
Can Trade Credit Rejuvenate Islamic Banking?
(2022)
Journal Article
Political Uncertainty and the Choice of Debt Sources
(2019)
Journal Article
Downloadable Citations
About Durham Research Online (DRO)
Administrator e-mail: dro.admin@durham.ac.uk
This application uses the following open-source libraries:
SheetJS Community Edition
Apache License Version 2.0 (http://www.apache.org/licenses/)
PDF.js
Apache License Version 2.0 (http://www.apache.org/licenses/)
Font Awesome
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2024
Advanced Search