To What Extent Capital Structure Decision can Affect a Listed Company’s Total Market Value

Ping LIU, Caixia HU


The capital structure decision is to optimize the proportions of debt to equity. For a listed company, market value is the price at which willing buyers and sellers would trade the assets. The company’s capital structure decision has positive, negative and uncertain effects on its own total market value, which may be adjusted by the controllable leverage decision making. Furthermore, the relevance between them is far stronger than the ongoing managerial reform (i.e. the cost control). Along with the intensive study of the equity incentive plan, the extent of influence of capital structure decision on a listed company’s total market value should be explored more deeply.

Key words: Capital Structure; A Listed Company; Market Value


Capital Structure; A Listed Company; Market Value



  • There are currently no refbacks.

Copyright (c)

Share us to:   


  • How to do online submission to another Journal?
  • If you have already registered in Journal A, then how can you submit another article to Journal B? It takes two steps to make it happen:

1. Register yourself in Journal B as an Author

  • Find the journal you want to submit to in CATEGORIES, click on “VIEW JOURNAL”, “Online Submissions”, “GO TO LOGIN” and “Edit My Profile”. Check “Author” on the “Edit Profile” page, then “Save”.

2. Submission

  • Go to “User Home”, and click on “Author” under the name of Journal B. You may start a New Submission by clicking on “CLICK HERE”.

We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases:;;

 Articles published in Management Science and Engineering are licensed under Creative Commons Attribution 4.0 (CC-BY).


Address:1055 Rue Lucien-L'Allier, Unit #772, Montreal, QC H3G 3C4, Canada.

Telephone: 1-514-558 6138
Http:// Http://

Copyright © 2010 Canadian Research & Development Centre of Sciences and Cultures