Modern Economy

Vol.7 No.2(2016), Paper ID 63724, 10 pages

DOI:10.4236/me.2016.72021

 

Can Business Firms Have Too Much Leverage? M&M, RJR 1990, and the Crisis of 2008

 

William Carlson, Conway Lackman

 

School of Business, Duquesne University (ret.), Pittsburgh, USA
School of Business, Duquesne University (ret.), Pittsburgh, USA

 

Copyright © 2016 William Carlson, Conway Lackman et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

 

How to Cite this Article

Carlson, W. and Lackman, C. (2016) Can Business Firms Have Too Much Leverage? M&M, RJR 1990, and the Crisis of 2008. Modern Economy, 7, 194-203. doi: 10.4236/me.2016.72021.
Journals Menu
Follow SCIRP
Contact us
+1 323-425-8868
customer@scirp.org
WhatsApp +86 18163351462(WhatsApp)
Click here to send a message to me 1655362766
Paper Publishing WeChat

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.