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THE CHANGING DEBT STRUCTURE OF AMERICAN BUSINESS.


07412. THE CHANGING DEBT STRUCTURE OF AMERICAN BUSINESS. Focuses on how companies have made a long-term change towards greater use of debt financing (as opposed to equity). This occurred because of inflation and the perceived advantages of leverage; however, in recent recession the dangers of debt became clear. Includes statistics, best and worst industries, advantages and disadvantages of debt financing, guidelines for proper use of debt, how companies have tried to correct the situation and obstacles, the long-term dangers of excessive debt. 12p. 25f. 13b.   $84
 

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