According to MM theory with bankruptcy cost and tax, capital adequacy regulations are fully effective only if the capital ratio stipulated by management and optimal capital structure is consistent.

按照存在破产成本和税收情况下的MM理论分析，只有管理当局确定的资本比率和银行最佳资本结构一致时，资本充足性管制才是完全有效的。

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Optimal economic growth rate and the ratio of human capital cost to physical capital cost can be confirmed when the economy gets to equilibrium.

均衡时最优的经济增长率和人力资本花费与物资资本花费比是可以确定的。

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Mr Miles said that the optimal ratio of core tier one equity capital to risk-weighted assets would be 19%.

BBC: Sants: We wanted banks to hold more capital