Statements (24)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:alsoKnownAs |
MM theorem
|
gptkbp:assumes |
no taxes
efficient markets no agency costs no asymmetric information no bankruptcy costs |
gptkbp:citation |
academic finance literature
|
gptkbp:field |
corporate finance
|
gptkbp:fileExtension |
gptkb:Modigliani–Miller_theorem_with_taxes
|
gptkbp:hasConcept |
capital structure irrelevance principle
|
https://www.w3.org/2000/01/rdf-schema#label |
Modigliani–Miller theorem
|
gptkbp:influenced |
modern corporate finance theory
|
gptkbp:proposedBy |
gptkb:Merton_Miller
gptkb:Franco_Modigliani |
gptkbp:publishedIn |
gptkb:American_Economic_Review
|
gptkbp:relatedTo |
capital structure
dividend policy cost of capital |
gptkbp:state |
under certain conditions, the value of a firm is unaffected by how it is financed
|
gptkbp:yearProposed |
1958
|
gptkbp:bfsParent |
gptkb:Merton_Miller
gptkb:Franco_Modigliani |
gptkbp:bfsLayer |
5
|