This Master’s programme examines key points from both a business and economic perspective, including how multinational companies leverage financial markets when seeking to exploit international enterprise opportunities, the management challenges introduced, and the relevance of those to financial and capital markets. If you accept my reasoning that the new tax code will lower the value of debt in capital structure, and that the effect will likely be most visible at corporations that borrowed a lot of money beneath the old tax regime, the only solution to assess the tax code’s impression is to look how debt ratios vary across companies, and what type of corporations and in what sectors borrow probably the most.
Every sort of financing must be used with caution and vigilance. Taking up too much debt can dilute company efficiency metrics such because the debt-to-property and occasions-interest-earned ratios, as well as reducing revenue margins. Financing too closely … Read More