Mark-up and capital structure of the firm facing uncertainty

Authors
Citation
Jb. Chatelain, Mark-up and capital structure of the firm facing uncertainty, ECON LETT, 74(1), 2001, pp. 99-105
Citations number
6
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
74
Issue
1
Year of publication
2001
Pages
99 - 105
Database
ISI
SICI code
0165-1765(200112)74:1<99:MACSOT>2.0.ZU;2-0
Abstract
This note shows that, with pre-set price and capital decisions of firms fac ing uncertainty and financial market imperfections, price, mark up and the expected degree of capacity utilization (resp. capital) decreases (resp. in creases) with the firm internal net worth. (C) 2001 Elsevier Science B.V. A ll rights reserved.