Results 51 to 60 of about 55,961 (229)
Inflation Illusion and Stock Prices [PDF]
We empirically decompose the S&P 500's dividend yield into (1) a rational forecast of long-run real dividend growth, (2) the subjectively expected risk premium, and (3) residual mispricing attributed to the market's forecast of dividend growth deviating ...
John Y. Campbell, Tuomo Vuolteenaho
core
Die Modigliani/Miller-Theoreme und Ausschüttungspolitik [PDF]
Der Beitrag diskutiert die Auswirkungen einer nicht-residualen Ausschüttungspolitik auf die Modigliani/Miller-Anpassungsformeln in einer Welt differenzierter, Dividenden, Zinsen und Kursgewinne unterschiedlich behandelnder persönlicher Steuern ...
Wiese, Jörg
core +2 more sources
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
The monetarist controversy; or, should we forsake stabilization policies? [PDF]
Economic stabilization ; Monetary ...
Franco Modigliani
core
How Do Businesses Finance New Investment?
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
ABSTRACT This study examines the economic consequences of Digital Technologies Disclosure (DTD), focusing on its impact on the cost of capital. The increasing significance of digital transformation in shaping corporate strategies and market perceptions motivates the study.
Hussein Mohsen Saber Ahmed +2 more
wiley +1 more source
In this address to the Accademia dei Lincei, the author discusses the development ofModigliani's thinking, with special reference to the themes of money, monetary policy and economic policy in general, the main aspects of which were an integral part of ...
Antonio Fazio
doaj
MODERN PARADIGM IN CAPITAL STRUCTURE STUDIES
This article presents a review of capital structure studies paradigm, founded by the Miller- Modigliani theorem. The research includes a brief view on origins of capital structure issue, importance of the Miller- Modigliani theorem for modern research ...
D. Chernenko
doaj +1 more source
Environmental Impact‐Adjusted Firm Value and Debt: A Multi‐Country Analysis
ABSTRACT The study finds a nonlinear, inverted U‐shaped relationship between leverage and environmental impact‐adjusted firm value ( EIAFV), confirming the trade‐off theory. The firm value increases with leverage up to an optimal point, approximately 58%–61% of total assets, after which higher leverage leads to value erosion due to rising default risk ...
Paolo Saona +3 more
wiley +1 more source
The monetarist controversy: a presentation [PDF]
Originally appeared in the Federal Reserve Bank of San Francisco Economic Review supplement, Spring 1977Monetary ...
Franco Modigliani
core

