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2018 | OriginalPaper | Buchkapitel

2. Capital Structure and Financial Risk Management

verfasst von : Lima Zhao, Arnd Huchzermeier

Erschienen in: Supply Chain Finance

Verlag: Springer International Publishing

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Abstract

This chapter emphasizes the link, between capital structure and financial risk management, that is central to matching the supply with demand of monetary flows. We start by investigating how capital structure theories are applied for approach choice of operations and finance (centralization or decentralization). Next, we link approach choice and relationship analysis in the context of integrated risk management. We then categorize the types of financial flexibility and describe the various financial instruments. Finally, we study the interaction between corporate investment and financial risk management.

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Fußnoten
1
For extensive reviews of capital structure research, please see Harris and Raviv (1991), Myers (2003), and Graham and Leary (2011).
 
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Metadaten
Titel
Capital Structure and Financial Risk Management
verfasst von
Lima Zhao
Arnd Huchzermeier
Copyright-Jahr
2018
DOI
https://doi.org/10.1007/978-3-319-76663-8_2

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