Research on Cash Flow Incurrence-effect Incurred by Optimization of Firm Asset Structure
Baifang Liu, Li Li, Xuewei Zhan
Available Online March 2018.
- https://doi.org/10.2991/iccese-18.2018.264How to use a DOI?
- incurrence-effect; Stacerberg model; income effect
- In this paper, cash flow incurrence-effect incurred by optimization of firm asset structure has been studied by Stacerberg Model. It has been shown in the game model that the company's capital structure optimization takes on income effect in oligopoly market, while capital effect in the perfectly competitive market. As market competition intensifies, incurrence-effect takes on the trend of transformation from income effect to capital effect.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Baifang Liu AU - Li Li AU - Xuewei Zhan PY - 2018/03 DA - 2018/03 TI - Research on Cash Flow Incurrence-effect Incurred by Optimization of Firm Asset Structure BT - 2nd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2018) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/iccese-18.2018.264 DO - https://doi.org/10.2991/iccese-18.2018.264 ID - Liu2018/03 ER -