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Cited by 4,347

The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.

The Theory of Capital Structure

Open access
HARRIS, MILTON, RAVIV, ARTUR·1991·The Journal of Finance

Abstract

This paper surveys capital structure theories based on agency costs, asymmetric information, product/input market interactions, and corporate control considerations (but excluding tax‐based theories). For each type of model, a brief overview of the papers surveyed and their relation to each other is provided. The central papers are described in some detail, and their results are summarized and followed by a discussion of related extensions. Each section concludes with a summary of the main implications of the models surveyed in the section. Finally, these results are collected and compared to the available evidence. Suggestions for future research are provided.

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Crossref · 10.1111/j.1540-6261.1991.tb03753.x

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Metadata

Authors
HARRIS, M., & RAVIV, A.
Venue
The Journal of Finance
Publisher
Wiley
Published
1991-03
Volume
46
Issue
1
Pages
297-355
ISSN
  • 0022-1082 (ISSN-L)
  • 1540-6261
OpenAlex
W2122529435
Cited by
4,347
References
6
FWCI
167.75
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: The Theory of Capital Structure. https://app.cochat.ai/papers/10.1111/j.1540-6261.1991.tb03753.x
The paper
HARRIS, M., & RAVIV, A. (1991). The Theory of Capital Structure. The Journal of Finance. https://doi.org/10.1111/j.1540-6261.1991.tb03753.x

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.