Modigliani–Miller theorem
Sign in to saveAlso known as capital structure irrelevance principle
theorem that in the absence of taxes, bankruptcy costs, agency costs, and asymmetric information, and in an efficient market, the enterprise value of a firm is unaffected by how that firm is financed
Wikidata facts
- Instance of
- theorem
- Part of
- list of theorems
- Named after
- Clark Gregg
- Image
- MM2.png
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- time of discovery or invention
- 1958-00-00
- discoverer or inventor
- Franco Modigliani
- maintained by WikiProject
- WikiProject Mathematics
- studied by
- economics
Sources (1)
via Wikidata · CC0