Corporate growth, corporate strategy, and the choice of capital structure

William A. Kracaw; Wilbur G. Lewellen; Carolyn Y. Woo

doi:10.1002/mde.4090130607

Corporate growth, corporate strategy, and the choice of capital structure

William A. Kracaw, Wilbur G. Lewellen, Carolyn Y. Woo

Finance

Research output: Contribution to journal › Article › peer-review

5 Scopus citations

Abstract

The interaction between a firm's strategic decisions and its financial policies has become an increasingly frequent topic in the managerial economics literature. We examine here a dimension of that interaction that has not previously been addressed, and suggest a new framework for defining the manner in which choices of strategy and choices of capital structure might be jointly determined, in an environment where upward pressures on factor costs and product prices are the norm.

Original language	English (US)
Pages (from-to)	515-526
Number of pages	12
Journal	Managerial and Decision Economics
Volume	13
Issue number	6
DOIs	https://doi.org/10.1002/mde.4090130607
State	Published - Jan 1 1992

All Science Journal Classification (ASJC) codes

Business and International Management
Strategy and Management
Management Science and Operations Research
Management of Technology and Innovation

Access to Document

10.1002/mde.4090130607

Cite this

@article{ce4860568de14f70874a39ce2832508f,

title = "Corporate growth, corporate strategy, and the choice of capital structure",

abstract = "The interaction between a firm's strategic decisions and its financial policies has become an increasingly frequent topic in the managerial economics literature. We examine here a dimension of that interaction that has not previously been addressed, and suggest a new framework for defining the manner in which choices of strategy and choices of capital structure might be jointly determined, in an environment where upward pressures on factor costs and product prices are the norm.",

author = "Kracaw, {William A.} and Lewellen, {Wilbur G.} and Woo, {Carolyn Y.}",

year = "1992",

month = jan,

day = "1",

doi = "10.1002/mde.4090130607",

language = "English (US)",

volume = "13",

pages = "515--526",

journal = "Managerial and Decision Economics",

issn = "0143-6570",

publisher = "John Wiley and Sons Ltd",

number = "6",

}

TY - JOUR

T1 - Corporate growth, corporate strategy, and the choice of capital structure

AU - Kracaw, William A.

AU - Lewellen, Wilbur G.

AU - Woo, Carolyn Y.

PY - 1992/1/1

Y1 - 1992/1/1

N2 - The interaction between a firm's strategic decisions and its financial policies has become an increasingly frequent topic in the managerial economics literature. We examine here a dimension of that interaction that has not previously been addressed, and suggest a new framework for defining the manner in which choices of strategy and choices of capital structure might be jointly determined, in an environment where upward pressures on factor costs and product prices are the norm.

AB - The interaction between a firm's strategic decisions and its financial policies has become an increasingly frequent topic in the managerial economics literature. We examine here a dimension of that interaction that has not previously been addressed, and suggest a new framework for defining the manner in which choices of strategy and choices of capital structure might be jointly determined, in an environment where upward pressures on factor costs and product prices are the norm.

UR - http://www.scopus.com/inward/record.url?scp=84986760734&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84986760734&partnerID=8YFLogxK

U2 - 10.1002/mde.4090130607

DO - 10.1002/mde.4090130607

M3 - Article

AN - SCOPUS:84986760734

VL - 13

SP - 515

EP - 526

JO - Managerial and Decision Economics

JF - Managerial and Decision Economics

SN - 0143-6570

IS - 6

ER -

Corporate growth, corporate strategy, and the choice of capital structure

Abstract

All Science Journal Classification (ASJC) codes

Access to Document

Other files and links

Fingerprint

Cite this