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Du Pont Company Description

Essay by   •  February 25, 2011  •  Essay  •  387 Words (2 Pages)  •  2,133 Views

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Determine a capital structure policy suitable for Du Pont in the 1980s and beyond. This paper will consider the history of the company and the turbulent times of the 1960s and 1970s, weigh the advantages and disadvantages associated with higher and lower levels of debt, and develop a strategy for the future after the merger with Conoco Inc. in 1983.

Executive Summary

•Du Pont has been historically known for its financial stability and low debt to equity ratio which maximized funding flexibility and protected the business from many financial constraints. Competition increased in the 1970s and caused the firm to deviate from its low debt levels and its use of internally generated monies to fund projects. They cut their dividend and began using debt as a source of financing.

Determine a capital structure policy suitable for Du Pont in the 1980s and beyond. This paper will consider the history of the company and the turbulent times of the 1960s and 1970s, weigh the advantages and disadvantages associated with higher and lower levels of debt, and develop a strategy for the future after the merger with Conoco Inc. in 1983.

Executive Summary

• Du Pont has been historically known for its financial stability and low debt to equity ratio which maximized funding flexibility and protected the business from many financial constraints.

• Competition increased in the 1970s and caused the firm to deviate from its low debt levels and its use of internally generated monies to fund projects.

• They cut their dividend and began using debt as a source of financing.

Determine a capital structure policy suitable for Du Pont in the 1980s and beyond. This paper will consider the history of the company and the turbulent times of the 1960s and 1970s, weigh the advantages and disadvantages associated with higher and lower levels of debt, and develop a strategy for the future after the merger with Conoco Inc. in 1983.

Executive Summary

• Du Pont has been historically known for its financial stability and low debt to equity ratio which maximized funding flexibility and protected the business from many financial constraints.

• Competition increased in the 1970s and caused the firm to deviate from its low debt levels and its use of internally generated monies to fund projects.

• They cut their dividend and began using debt as a source of financing.

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