Testing for a Fractional Unit Root in Time Series Regression Chingnun Lee, Tzu-Hsiang Liao2 and Fu-Shuen Shie Inst. of Economics, National Sun Yat-sen Univ Kaohsiung, Taiwan Dept. of Finance, National Central Univ, Chung-Li, Taiwan
Topic 1: What is Corporate Finance?(cont 1 2 Financing Decisions In the previous section the focus was on investment decisions. It was assumed throughout that the firm was financed with equity. In this section we discuss financing decisions. As a prelude to this we will briefly discuss the notion of efficient