Proceedings of the 2nd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2018)

Research on Cash Flow Incurrence-effect Incurred by Optimization of Firm Asset Structure

Authors
Baifang Liu, Li Li, Xuewei Zhan
Corresponding Author
Baifang Liu
Available Online March 2018.
DOI
10.2991/iccese-18.2018.264How to use a DOI?
Keywords
incurrence-effect; Stacerberg model; income effect
Abstract

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.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2018)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
March 2018
ISBN
978-94-6252-495-8
ISSN
2352-5398
DOI
10.2991/iccese-18.2018.264How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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  - Proceedings of the 2nd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2018)
PB  - Atlantis Press
SP  - 1184
EP  - 1187
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccese-18.2018.264
DO  - 10.2991/iccese-18.2018.264
ID  - Liu2018/03
ER  -