Modigliani–Miller theorem without taxes
GPTKB entity
Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:financial_technology
|
| gptkbp:appliesTo |
corporate finance
|
| gptkbp:assumes |
no taxes
no transaction costs no bankruptcy costs symmetric information |
| gptkbp:describes |
capital structure irrelevance principle
|
| gptkbp:formedBy |
gptkb:Merton_Miller
gptkb:Franco_Modigliani 1958 |
| https://www.w3.org/2000/01/rdf-schema#label |
Modigliani–Miller theorem without taxes
|
| gptkbp:publishedIn |
gptkb:American_Economic_Review
|
| gptkbp:relatedTo |
gptkb:Modigliani–Miller_theorem_with_taxes
capital structure perfect capital markets debt-equity ratio |
| gptkbp:state |
in a perfect market, the value of a firm is unaffected by its capital structure
|
| gptkbp:bfsParent |
gptkb:Modigliani–Miller_theorem_with_taxes
|
| gptkbp:bfsLayer |
7
|