American Home Products is a company with little or no debt. Students were asked to analyze the company's debt policy and make recommendations to the General Director. It is likely that adding debt to the capital structure will create some value for shareholders.; The Director-General is firmly opposed to borrowing "Hide
by David W. Mullins Jr. Source: HBS Premier Case Collection 7 pages. Publication Date: March 18, 1983. Prod. #: 283065-PDF-ENG
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