Capital Structure - gearing and why debt finance is cheaper
- Author
- Kevin Boakes
- Published
- Mon 19 Nov 2007
- Episode Link
- http://media.pearsoncmg.com/intl/ema/ema_uk_he_arnold_ecfm_1e/audio/ecfm_podcast_26.mp3
Kevin looks at the topic of capital structure. In this episode we see why debt finance is normally much cheaper for companies than the alternative of issuing equity finance. We also examine various measures of gearing.
