Results 21 to 30 of about 2,909 (163)
In 1961, Miller and Modigliani (M–M) published a dividend irrelevance theory, which shows that the payment of dividends does not make any changes to the value of the company. The assumption about the existence of the perfect market made by M–M became the
M. Kowerski, Laura Haniewska
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Under condition of proved by us insolvency of well-known classical trade off theory it becomes important to identify mechanisms for forming the optimal capital structure of a company.
Peter Brusov +2 more
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A reappraisal of Modgliani's finance theories
The paper examines the influence of Modigliani's contributions to the theory of finance. As for the term structure of interest rates, the preferred habitat theory, had a mixed fortune: it was utilized by financial managers for a rather long time, before
Terenzio Cozzi
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This study aims to provide empirical evidence of the influence of capital structure and profitability on firm value. The selection of independent variables capital structure and profitability to prove the proposition Modigliani and Miller (1958) which ...
Jojor Lisbet Sibarani +3 more
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Own Credit Risk Accounting, Modigliani-Miller Theorem, and the Fallacy of Counter-Intuitive Results
Purpose: This article tests own credit risk accounting under Modigliani-Miller theory to determine whether there is a fundamental fallacy in the unsolved issue of counter-intuitive results.
F. Bellandi
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The role of the state in the formation of the property of Russian companies
The article deals with the problems of large state participation in the ownership of large Russian companies. It is shown that on the basis of the Modigliani-Miller theory it is possible to justify the need for a significant reduction in the share of ...
A. F. Gribov
doaj
This study tests the applicability of Miller and Modigliani relevance and irrelevance theories for a set of 15 companies in Ghana using that for the period 2010 to 2019.
Nwokoye, Gladys Anwuli
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THEORETICAL APPROACHES ON OPTIMAL CAPITAL STRUCTURE [PDF]
F. Modigliani and M. Miller demonstrated in 1958 that in the context of perfect market the financial structure of the firm does not influence its value.
Maria Zenovia GRIGORE, Mariana GURĂU
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Impact of Advance Payments of Tax on Profit on Effectiveness of Investments
Recently Brusov et al. have developed innovative investment models that are very close to investment practice. Investment models with frequent payments of tax on profit and of interest on debt at the ends of periods have been considered.
Tatiana Filatova +2 more
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The Capital Structure through the Modigliani and Miller Model
The Modigliani-Miller theorem is not only his most important contribution to the theory of finance, but it is one of the most important results in the last half century of evolution of the financial economy, which among other things has certainly not ...
Ferdinando Giglio
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