2Baxter, N.D. Leverage, risk of ruin and the cost of capital[ J]. Journal of Finance 1967, 22:395 - 403.
3Stiglitz, J.E. Some aspects of the pure theory of corporate finance : bankruptcies and takeovers [ J ]. Bell Journal of Economics and Management Science 1972,2:458 -482.
4Myers, S.. Determinants of Corporate Borrowing[ J]. Journal of Financial Economics, 1977, 5:147 -175.
5Jensen, M. C. , and W. H. Meckling, 1976. Theory of the firm: managerial Behavior, agency costs and own- ership structure [ J ]. Journal of Financial Economics : 305 - 360.
6Martin, J.D. and D.F. Scott, Jr. Debt capacity and the capital budgeting decision [ J ]. Financial Manage- ment 1976,5(2) : 7 - 14.
7Hong, H. and A. Rappaport. Debt capacity, optimal capital structure, and capital budgeting analysis [ J]. Financial Management 1978 (7) :7 - 11.
8Rhee, S.G. and F.L. McCarthy. Corporate debt capacity and the capital budgeting analysis [ J ]. Financial Management 1982,11:42 - 50.
9Higgins, R.C. and L.D. Schall. Corporate bankruptcy and conglomerate merger[ J ]. Journal of Finance, 1975,30( 1 ) :93 - 113.
10McDonald, J. G., B. Jacquillat, and M. Mussenbaum. Dividend, investment and financing decisions: empirical evidence on French firms[J]. Journal of Financial and Quantitative Analysis, 1975, 10(5): 741 -755.