Wealth Maximization and the Cost of Capital

S-Tier

Journal: Quarterly Journal of Economics

Year: 1979

Volume: 93

Issue: 3

Pages: 433-446

Authors (1)

Alan J. Auerbach (University of California-Berke...)

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

I. Introduction, 433.—II. The model, 434.—III. The problem, 435.—IV. Wealth maximization: no personal taxes, 436.—V. Wealth maximization with personal taxes, 438.—VI. Firm value and the cost of capital, 440.—VII. Financial policy and the cost of capital, 442.—VIII. Conclusion, 445.

Wealth Maximization and the Cost of Capital

Authors (1)

Abstract

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