Results 91 to 100 of about 11,783 (263)
Contemporary Accounting Research, Volume 43, Issue 2, Page 923-954, Summer 2026.ABSTRACT A concentrated debt structure can facilitate creditor coordination, which reduces the financial distress cost in a liquidity default but also increases the risk of a strategic default. Debt concentration affects the sensitivity of leverage to tax through these two forces.
Xiaoli Hu +3 more
wiley +1 more source
The Geographical Journal, Volume 192, Issue 2, June 2026.Short Abstract Risks to soil health from increased flooding and drought due to climate change are a priority risk area for the UK government, but our analysis of two years of UK newspaper coverage on this issue reveals very little attention to it. Our multimodal framing analysis shows that news reports are largely devoid of addressing the root causes ...
Antal Wozniak, Jill E. Hopke
wiley +1 more source
Implications of the Modigliani-Miller Theorem for the Study of Exchange Rate Regimes [PDF]
We extend the Modigliani-Miller Theorem to the composition of the public debt and show that in a deterministic model the structure of a government's assets and liabilities is undetermined.
Alexandre B. Cunha
core
The Modigliani-Miller theorems: a cornerstone of finance
PSL Quarterly Review, 2005 The Modigliani-Miller (MM) theorems are a cornerstone of finance for two reasons. The first is substantive and it stems from their nature of "irrelevance propositions": by providing a crystal-clear benchmark case where capital structure and dividend ...
Marco Pagano
doaj
How Do Businesses Finance New Investment?
The Manchester School, Volume 94, Issue 3, Page 278-295, June 2026.ABSTRACT This paper investigates how UK firms finance new investment and whether their choices follow a financing hierarchy consistent with leading theories of capital structure. Using a survey of 2886 firms conducted by the UK Department for Business and Trade and the Bank of England (2020–2023), we examine six financing sources: retained earnings ...
Marc Cowling +3 more
wiley +1 more source
The economists "Manifesto" unemployment in the EU seven years later: which suggestions still hold?
PSL Quarterly Review, 2005 I met Franco Modigliani in 1948. We had common interests in three fields of economic theory--Keynes and unemployment, the relations between monetary and real phenomena and market forms and price formation.
Beniamino Moro
doaj
PSL Quarterly Review, 2013 The work looks at Holt’s theoretical model of the labour market based on turnover rates and the case of Italy. The authors argue that Holt’s assumption that the flows of hirings and separations are random variables which remain constant as aggregate ...
F. MODIGLIANI, E. TARANTELLI
doaj +1 more source
, 2010 L'introduzione analizza la storia dell'esilio di Franco Modigliani, l'inizio della sua attività di studioso e il suo impegno ...
CAMURRI, Renato
core
Life Cycle, Individual Thrift and the Wealth of Nations [PDF]
This paper provides a review of the theory of the determinants of individual and national thrift that has come to be known as the Life Cycle Hypothesis (LCH) of saving. Applications to some current policy issues are also discussed.
Modigliani, Franco
core