The Capital Structure Decision
In 1958 an academic paper on corporate finance written by two professors (Merton Miller and Frances Modigliani, who were later awarded the Nobel prize for their research efforts) was published in The American Economic Review. One prime conclusion of their paper was that the exact form of a firm's capital structure did not affect the firm's value.Later papers by the same two authors and by many others modified the assumptions and changed this conclusion. We now think that capital structure decisions do affect a firm's value and corporate managers should understand better the financing alternatives that are available.One of the most important f…
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Produktdetails
- ISBN: 978-1-4613-5363-8
- EAN: 9781461353638
- Produktnummer: 14684206
- Verlag: Springer Us
- Sprache: Englisch
- Erscheinungsjahr: 2012
- Seitenangabe: 236 S.
- Masse: H23.5 cm x B15.5 cm x D1.2 cm 365 g
- Auflage: 2003
- Abbildungen: Paperback
- Gewicht: 365
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