Stanley, Owen Gordon Ponsonby2017-09-212017-09-211971b1014846http://hdl.handle.net/1885/128333This thesis is concerned with deriving optimal financing and investment policies of the firm. A number of models is developed with differing assumptions relating to the capital market and the firms motivation. All of these models are dynamic: they explicitly take into account the proposition that some funds can be obtained more quickly than others and they describe the optimum time path of adjustment from a non-optimum position one to an optimum one. The overall purpose of the thesis is to investigate, at a theoretical level only , the effects of the separation of ownership and control on the investment and financing policies of the firm.1venCapital investments Mathematical models197110.25911/5d7396cc1dd322017-09-08