Dividend policy and capital structure of a defaultable firm

DOI10.1111/MAFI.12238OpenAlexW3009814717MaRDI QIDQ5855946

Alex S. L. Tse

Publication date: 23 March 2021

Published in: Mathematical Finance (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1810.03501

zbMATH Keywords

HJB equationsingular stochastic controldefault riskcapital structuredividend policy

Mathematics Subject Classification ID

Optimal stochastic control (93E20) Corporate finance (dividends, real options, etc.) (91G50)

Related Items (1)

Interplay between dividend rate and business constraints for a financial corporation

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