Search Results - subject:"Modigliani-Miller"

Risk of bankruptcy and the Modigliani-Miller theorem in a general equilibrium model of socially responsible investing

Alex, Fabian - 2025

shareholder value, but also to entire budget sets, implying an economywide Modigliani-Miller type of irrelevance given market …

Persistent link: https://www.econbiz.de/10015647441

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 …

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

The effects of technology and liquidity on bank capital structure

Mabandla, Ndonwabile Zimasa - In: International Journal of Financial Studies : open … 14 (2026) 4, pp. 1-18

This research enhances the literature on bank capital structure by combining financial intermediation theory with technological innovation to analyse the impact of FinTech adoption and liquidity management on leverage choices in South African banks. Utilising panel data spanning 2015 to 2024 and...

Persistent link: https://www.econbiz.de/10015652196

Taxes and Taxation : Innovative Approaches in Corporate Finance, Investments, and Dividend Policy

Brusov, Petr N.; Filatova, Tatiana - 2026

Taxes Functions -- Capital Structure -- Capital Structure: Modigliani–Miller Theory -- Modern Theory of Capital Cost … and Capital Structure: Brusov–Filatova–Orekhova Theory (BFO Theory) -- The Modigliani–Miller theory with arbitrary … frequency of payment of tax on profit -- Modification of the Modigliani–Miller Theory for the Case of Advance Tax on Profit …

Persistent link: https://www.econbiz.de/10015587566

El teorema Modigliani-Miller : un análisis desde la estructura de capital mediante modelos Data Mining en pymes del sector comercio

López-Solís, Oscar; Haro Sarango, Alexander Fernando; … - In: Revista finanzas y política económica 15 (2023) 1, pp. 45-66

Persistent link: https://www.econbiz.de/10014308158

Capital structure specificity in knowledge-intensive industries : a comparative study of EU countries

Gostkowska-Drzewicka, Magdalena; Koralun-Bereźnicka, Julia - In: Journal of entrepreneurship, management and innovation … 21 (2025) 1, pp. 99-120

Persistent link: https://www.econbiz.de/10015329635

Debt, equity, and the pecking order : evidence from financing decisions of dividend-paying firms

Kakouris, Konstantinos; Psychoyios, Dimitrios - In: International Journal of Financial Studies : open … 13 (2025) 3, pp. 1-14

This study investigates whether, and to what extent, dividend-paying firms follow pecking order behavior when altering their capital structure. Using a panel of 3173 U.S. firms from 1960 to 2020 (49,424 firm-year observations), we examine four financing activities: equity and debt issuance under...

Persistent link: https://www.econbiz.de/10015457881

The capital structure of microfinance borrowers : a dynamic market segmentation analysis

Souza, Lucas Lopes Ferreira de; Bassi, Francesca; … - In: Journal of international development : the journal of … 37 (2025) 5, pp. 1154-1167

Persistent link: https://www.econbiz.de/10015462498

Capital structure theories in US corporate divestitures : a study on spin-off firms

Chen, Xian; Guha, Sanjib; Simu, Tahsina Haque - In: International Journal of Financial Studies : open … 13 (2025) 3, pp. 1-26

Some giant US conglomerates are now undergoing corporate spin-offs or are considering such spin-offs in the near future. Corporate spin-offs offer a unique opportunity to assess corporate capital structure decisions. The leverage ratio of the spin-off firms represents their initial capital...

Persistent link: https://www.econbiz.de/10015462954

Cash holdings in MENA region : evidence from trade-off model, pecking order theory, and agency theory

Tahir Akhtar - In: Future business journal 11 (2025) 1, pp. 1-18

This study examines firms' cash holdings (CH) in the MENA region. For the period 2000-2020, the fixed effect method and GMM are applied to a sample of 1053 non-financial firms. The results show that firms that are large in size, and higher in cash flows, R&D, and dividend payments have higher...

Persistent link: https://www.econbiz.de/10015614416