caseism

California Pizza Kitchen Case Solution & Answer

This case examines the question of the influence on California Pizza Kitchen (CPK) in July 2007. With a very profitable business and an aversion to debt, CPK management is considering a share buyback program financed by debt. The box is designed to provide an introduction to the structure irrelevance propositions of Modigliani and Miller capital and tax-saving concept of debt. Against the backdrop of a pizza business, where it offers an attractive forum to discuss “graphics pizza” that are commonly used in programs financing companies to illustrate the effects of the wealth of capital structure decisions.
by
Michael J. Schill,
Elizabeth Shumadine
Source: Darden School of Business
17 pages.
Date Posted: September 2, 2008. Prod #: UV1203-PDF-ENG
California Pizza Kitchen Case Solution

Share This

LOOK FOR A FREE CASE STUDY SOLUTION

JUST REGISTER NOW AND GET 50% OFF ON EACH CASE STUDY