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

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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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  -