资本结构优化文献推荐：经典理论与最新研究

资本结构优化文献推荐：经典理论与最新研究

资本结构优化是财务管理的重要议题，影响着企业的融资成本、风险和价值。以下推荐了10篇资本结构优化领域的经典文献，涵盖了Modigliani-Miller定理、啄食顺序理论、市场时机等重要理论和实证研究，帮助您深入了解资本结构的理论框架和实践应用。

1. Modigliani, F., & Miller, M. H. (1958). 'The cost of capital, corporation finance, and the theory of investment.' The American economic review, 48(3), 261-297.

2. Myers, S. C. (1984). 'The capital structure puzzle.' The Journal of Finance, 39(3), 574-592.

3. Harris, M., & Raviv, A. (1991). 'The theory of capital structure.' The Journal of Finance, 46(1), 297-355.

4. Frank, M. Z., & Goyal, V. K. (2003). 'Testing the pecking order theory of capital structure.' Journal of Financial Economics, 67(2), 217-248.

5. Rajan, R. G., & Zingales, L. (1995). 'What do we know about capital structure? Some evidence from international data.' The Journal of Finance, 50(5), 1421-1460.

6. Titman, S., & Wessels, R. (1988). 'The determinants of capital structure choice.' The Journal of Finance, 43(1), 1-19.

7. Welch, I. (2004). 'Capital structure and stock returns.' Journal of Political Economy, 112(1), 106-131.

8. Leary, M. T., & Roberts, M. R. (2010). 'The pecking order, debt capacity, and information asymmetry.' Journal of Financial Economics, 95(3), 332-355.

9. Shyam-Sunder, L., & Myers, S. C. (1999). 'Testing static trade-off against pecking order models of capital structure.' Journal of Financial Economics, 51(2), 219-244.

10. Baker, M., & Wurgler, J. (2002). 'Market timing and capital structure.' Journal of Finance, 57(1), 1-32.