shield cost

Analysis and reduction measures on Constructure cost of shield tunnel

隧道盾构法施工的成本分析和降低措施

Operating profit theoretical assumed that when enterprise debt ratio increases, the debt tax shield benefits brought about by increased liabilities of just being caused by the cost of equity capital, offset by an increase, the total value of the company remain unchanged.

营业净利理论假设：当企业负债比例增加时，负债带来的税盾效应刚好被负债增加所引起的股权资本成本的上升所抵消，公司总价值不变。

Tax Shield, Bankruptcy Cost and the Optimal Capital Structure

节税收益、破产成本与最优资本结构

After MBO, the high debt burden can improve the competition of the firm by tax shield and by reducing agency cost of free cash flow.

管理层收购所带来的高负债还从避税效应和减少现金流代理成本两方面增强了企业的竞争力。

Divine Protection and Divine Shield now cost 3 % of base mana.

圣佑术和圣盾术消耗3%基础法力.