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Subsidiary management morale is one element in determining where decisions would be made.
Debt/equity Ratio
The proportionality ratio of debt to equity in the context of funding a company's assets.
Optimal Capital Structure
The best mix of debt, equity, and other financial instruments that maximizes a company's value while minimizing its cost of capital.
Increased Benefit
An enhancement or improvement in the terms or amount of an insurance or investment product's payouts.
Bankruptcy Costs
Expenses and losses incurred during the process of declaring bankruptcy, including legal fees, loss of creditworthiness, and potential asset liquidation.
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