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Static Theory of Capital Structure
A concept proposing an optimal capital structure for firms that maximizes value by balancing the benefits of debt tax shields against the costs of financial distress.
Reorganization
A process aimed at restructuring a company's operations, structures, or finances with the goal of increasing efficiency or addressing financial difficulties.
Liquidation
The process of converting assets into cash or cash equivalents, often associated with the winding down of a business.
Initial Public Offering (IPO)
A company’s first equity issue made available to the public. Also an unseasoned new issue.
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