Search Results - subject:"Modigliani–Miller theory"

Capital Structure in the Modern World : The Fundamentals of Capital Structure Management and Financing Decisions

Miglo, Anton - 2025 - 2nd ed. 2025.

Section 1: Basic Capital Structure Ideas -- Chapter 1: Introduction -- Chapter 2: Modigliani-Miller Proposition and Trade-off Theory -- Chapter 3: Asymmetric Information and Capital Structure -- Chapter 4: Credit Rationing and Asset Substitution -- Chapter 5: Debt Overhang -- Chapter 6: Capital...

Persistent link: https://www.econbiz.de/10015404866

Financial Mathematics : Exercises and Solutions

Brusov, Petr N.; Filatova, Tatiana; Orekhova, Natali - 2024

-- Bonds -- The Modigliani-Miller Theory -- The theory of Brusov — Filatova — Orekhova (theory of the BFO). … Risk of Financial Operations, Portfolio Analysis, Bonds, Modigliani-Miller Theory, and Brusov-Filatova-Orekhova Theory. The …

Persistent link: https://www.econbiz.de/10015192864

Corporate Finance : Fundamentals of Value and Price

De Luca, Pasquale - 2023

This book on corporate finance systemically integrates firms' approach toward the market, the value fundamentals of investors, and the pricing dynamics of financial markets. The reader is first introduced to an illustration and analysis of some of the main models used in corporate finance and in...

Persistent link: https://www.econbiz.de/10013504681

Mechanism of formation of the company optimal capital structure, different from suggested by trade off theory

Brusov, Petr N.; Filatova, Tatiana; Orekhova, Natali - In: Cogent Economics & Finance 2 (2014) 1, pp. 2-13

perpetuity Modigliani-Miller theory, even in modified version, developed by us, and exists within more general modern theory of …

Persistent link: https://www.econbiz.de/10011559133

Mechanism of formation of the company optimal capital structure, different from suggested by trade off theory

Brusov, Petr N.; Filatova, Tatiana; Orekhova, Natali - In: Cogent economics & finance 2 (2014) 1, pp. 2-13

perpetuity Modigliani-Miller theory, even in modified version, developed by us, and exists within more general modern theory of …

Persistent link: https://www.econbiz.de/10010490514

A Qualitatively New Effect in Corporative Finance: Abnormal Dependence of Cost of Equity of Company on Leverage

Brusov, P.N.; Filatova, T.V.; Orekhova, N.P. - In: Journal of Reviews on Global Economics 2 (2013), pp. 183-193

Qualitatively new effect in corporative finance is discovered: decreasing of cost of equity ke with leverage L. This effect, which is absent in perpetuity Modigliani–Miller limit, takes place under account of finite lifetime of the company at profit tax rate, which exceeds some value T*. At...

Persistent link: https://www.econbiz.de/10010672319

Application of Brusov-Filatova-Orekhova theory (BFO theory) and Modigliani-Miller theory (MM theory) in rating

Brusov, Petr N.; Filatova, T. V.; Orekhova, N. P.; … - In: Theoretical economics letters 8 (2018) 5, pp. 866-887

Persistent link: https://www.econbiz.de/10011882398

The Golden Age of the Company: (Three Colors of Company's Time)

Brusov, Peter N.; Filatova, Tatiana; Orehova, Natali; … - In: Journal of Reviews on Global Economics 4 (2015), pp. 21-42

in the Modigliani – Miller theory (Modigliani et al. 1958; 1963; 1966) is not minimal and valuation of the company …, than in Modigliani – Miller theory and company capitalization V turns out to be greater, than V in Modigliani – Miller … theory. It is shown that, from the point of view of cost of attracting capital there are two types of dependences of weighted …

Persistent link: https://www.econbiz.de/10011185174

Inflation in Brusov–Filatova–Orekhova Theory and in its Perpetuity Limit – Modigliani – Miller Theory

Brusov, Peter N.; Filatova, Tatiana; Orehova, Natali - In: Journal of Reviews on Global Economics 3 (2014), pp. 175-185

., 2008) and within its perpetuity limit – Modigliani – Miller theory is investigated. By direct incorporation of inflation …

Persistent link: https://www.econbiz.de/10010783762

Absence of an Optimal Capital Structure in the Famous Tradeoff Theory!

Brusov, P.N.; Filatova, T.V.; Orekhova, N.P. - In: Journal of Reviews on Global Economics 2 (2013), pp. 94-116

Within modern theory of capital structure and capital cost by Brusov-Filatova-Orekhova the analysis of wide known tradeoff theory has been made. It is shown that suggestion of risky debt financing (and growing credit rate near the bankruptcy) in opposite to waiting result does not lead to...

Persistent link: https://www.econbiz.de/10010672324