In what ways are the capital structures of U.S. and non-U.S. firms different? How are they similar?
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In what ways are the capital structures of U.S. and non-U.S. firms different? How are they similar?
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Capital structure varies among companies in the same industry and across industry groups. A company’s choice of debt versus equity depends on many factors.
Discussion Questions:
1. In what ways are the capital structures of U.S. and non-U.S. firms different? How are they similar?
2. What important factors in addition to quantitative factors should a firm consider when it is making a capital structure decision?
