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(Hardback)

By: Ehsan Nikbaht

ISBN: 9780275912352
Readership/Audience: Tertiary Education
Publication Date: Jul 1984
Publisher: Bloomsbury Publishing PLC
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Scholars and many practitioners in the fields of finance and economics now agree that the ultimate objective of financing, whether debt or equity, is to maximize wealth. Drawing on such a premise, this book examines whether debt financing in the form of foreign loans has led to more wealth in the case of the less developed countries.