Capital market imperfections view
The view that issuing debt is generally valuable but that the firm's optimal choice of capital structure is a dynamic process that involves the other views of capital structure (net corporate/personal tax, ...
capital market imperfections view
approach to financial leverage decisions that recognizes that a capital structure optimal in terms of debt versus equity mathematics may not benefit shareholders equally unless it takes account of such factors as ...
Market Imperfections or Market Failure. Often refers to two sources of departure from perfect competition, i.e., externalities and increasing returns to scale.
'Market imperfections' provide a second source of profits. Suppose firm A sells a product for ten dollars while firm B sells the same product for eight dollars.
The net benefits to all members of society, as a percentage of cost, taking into account externalities and other market imperfections.
Economic rent
See rent.
Economic sanction
The use of an economic policy as a sanction.
Segmented market A market that is partially or wholly isolated from other markets by one or more market imperfections. Shadow calendar A backlog of securities issues registered with the SEC, awaiting the determination of an offer date.
Net benefit to leverage factor A linear approximation of a number, that enables one to operationalize the total impact of leverage on firm value in the capital market imperfections view of capital structure.
A consequence is that, in the absence of market imperfections, neither the value nor the cost of capital of a corporation vary with its financial structure: the value of the firm is equal to the present value of the free cash flows, ...
command and control the regulations and restrictions that the government uses to correct market imperfections. (15)
command economy an economy in which the government determines prices and production; also called a centrally planned economy. (1, 34) ...
Important market imperfections, which include asymmetric information, agency costs, taxes, transaction costs, flotation expenses, and behavioral factors, also exist and are necessary to be taken into considerations.
A market that is partially or wholly isolated from other markets by one or more market imperfections.
Selected dealer agreement
The set of rules governing the selling group in an underwriting.
A linear approximation of a factor, T*, that enables one to operationalize the
total impact of leverage on firm value in the capital market imperfections view of capital structure.
Pension Benefit Guaranty Corporation (PBGC) ...
Capital Market Efficiency (finance term)
Arbitrage Pricing Theory (APT) (finance term)
Financial Market (business term)
Capital Market Imperfections View (finance term) ...
Definition: [crh] A market in which there are impediments to the free flow of labor, capital, and information. Definition: [crh] A market that is partially or wholly isolated from other markets by one or more market imperfections.
(2001) 'Debt-for-Nature Swaps, Market Imperfections, and Policy Failures as Determinants of Sustainable Development and Environmental Quality' Journal of Economic Issues, Vol. 35, No. 2 (Jun., 2001). 477-486.
^ Garvie, D. (2002).
 See also: Capital structure, Expected return, Optimal, Banks, Asymmetric information
  
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