Results 61 to 70 of about 128,134,882 (156)

Why the Market's Participants in the Modigliani-Miller Model are Markowitz Rational?

, 2017
The seminal works of Modigliani-Miller and Markowitz-Sharpe remain the cornerstone of financial theory. We reconcile these seemingly distinct approaches, in a unified theorem, by showing that the agents acting on the market defined by Modigliani-Miller ...
Aboura, Sofiane, Lépinette-Denis, Emmanuel   +1 more
core   +2 more sources

The Effect of Income Tax and Financial Costs on Corporate Capital Structure [PDF]

فصلنامه پژوهش‌های اقتصادی ایران
The leverage ratio reflects a company’s relative reliance on capital and debt. Higher leverage ratios, indicating greater dependence on debt relative to equity, ceteris paribus, increase the firm’s financial risks.
Ali Nassiri Aghdam, Mahtab Moradzadeh
doaj   +1 more source

Financial leverage and firm performance: An empirical review and analysis

Journal of Global Business Insights
This paper examines the dual impact of financial leverage on corporate performance by analyzing empirical data across developed and developing nations, industries, and different periods.
Iqbal Md. M Islam
doaj   +1 more source

Some aspects regarding the financial structure theories [PDF]

In this paper the authors survey financial structure theories, from the start-up point, which is considered Modigliani and Miller’s capital structure irrelevance theorem, to recent theories, such as the pecking order and the market timing theory.
Micuda, Dan, Visinescu, Sorin
core  

Do Banks Satisfy the Modigliani-Miller Theorem?

, 2016
The capital structure of banks has become the focus of an extended debate among policymakers, regulators and academics. The seminal Modigliani-Miller (1958) theorem is seen as supportive of regulators' drive to require higher equity capital to banks ...
Aboura, Sofiane, Lépinette-Denis, Emmanuel   +1 more
core  

Franco Modigliani e l'Italia

, 2007
Utilizzando fonti inedite e originale il lavoro ricostruisce e analizza le relazioni intellettuali che legarono l'economista Franco Modigliani agli economisti italiani dal 1944 fino alla sua scomparsa nel 2003. In particolare ci si sofferma ad analizzare
ASSO, Pier Francesco
core  

A REVIEW OF THE CAPITAL STRUCTURE THEORIES [PDF]

In this paper the authors survey capital structure theories, from the start-up point, which is considered Modigliani and Miller’s capital structure irrelevance theorem, to recent theories, such as the pecking order and the market timing theory.
Visinescu Sorin, Popescu Luigi
core  

Dividend policy and crisis: Exploring the interplay between performance and financial constraints in the French context. [PDF]

Heliyon, 2023
Theiri S, Ben Hamad S, Ben Amor M.
europepmc   +1 more source

Las proposiciones de Modigliani y Miller pasados treinta años

, 2009
Este número del Journal of Economic Perspectives aparece en el 30 aniversario de la publicación de las proposiciones de Modigliani-Miller en el artículo The Cost of Capital, Corporation Finance and the Theory of Investment, publicado en la American ...
Miller, Merton H.
core  

Capital Asset Pricing Model (CAPM) 2.0: Account of Business and Financial Risk

Финансы: теория и практика
The famous Capital Asset Pricing Model (CAPM), widely used in practice, takes into account only the business risk associated with investments in a specific company [not the entire market (or industry)].
P. N. Brusov, T. V. Filatova, V. L. Kulik   +2 more
doaj   +1 more source