TEORI STRUKTUR MODAL : SEBUAH SURVEI

Abstract

This paper explored capital structure theory since 1952 to 1996. The Capital Structure theory firstly introduced by David Duran (1952) to estimate value of the firm. Modigliani and Miller introduced MM-theory and become landmark the capital structure theory because the many paper always referred to the paper. Pecking order theory, Agency Theory and Signaling theory and Dynamic capital structure explained in this paper.

Keywords

• Capital Structure, MM-Theory, Pecking Order Theory, Asymmetries Information, Signaling Theory, Agency Theory and Dynamic Capital Structure