A REEXAMINATION OF THE MODIGLIANI MILLER THEOREM PDF

Joseph E. Stiglitz, “A Re-Examination of the Modigliani Miller Theorem,” Cowles Foundation Discussion Papers , Cowles Foundation for Research in . Joseph Stiglitz’s landmark work, “A Re-Examination of the Modigliani-. Miller Theorem.” Although these revisions are essential for the. American Economic Association. A Re-Examination of the Modigliani-Miller Theorem Author(s): Joseph E. Stiglitz Source: The American Economic Review, Vol.

Author: JoJolkis Kalkis
Country: Central African Republic
Language: English (Spanish)
Genre: Relationship
Published (Last): 11 March 2006
Pages: 79
PDF File Size: 15.91 Mb
ePub File Size: 4.83 Mb
ISBN: 361-8-31754-342-9
Downloads: 46889
Price: Free* [*Free Regsitration Required]
Uploader: Dor

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. Evidence from Chinese Listed Companies. Please note that corrections may take a couple of weeks to filter through the various RePEc services.

More about this item Statistics Access and download statistics. If you are a registered author of this item, you may also want to check the “citations” tab in your RePEc Author Service profile, moigliani there may be some citations waiting for confirmation.

Other versions of this item: If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item.

Therefore, this method may not be valid. It also allows you to accept potential citations to this item that we are uncertain about. If you have authored this item and are not yet registered with RePEc, we encourage you to do it here.

  KANNADA POLI KATHEGALU PDF

Stiglitz, Joseph E, Journal of Mathematical FinanceVol. Help us Corrections Found an error or omission? Corrections All material on this site has been provided by the respective publishers and authors. Download full text from publisher File URL: General contact details of provider: In an imperfect market, the WACC may not have an absolute minimum between zero and percent debt.

A Re-Examination of Prospect Theory.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Even if it does, the minimum may not occur at the debt ratio that maximizes firm value. More about this item Statistics Access w download statistics Corrections All material on this site has been provided by the respective publishers and authors.

This allows to link your profile to this item. More about this item Statistics Access and download statistics. When requesting a correction, please modiglian this item’s handle: See general information about how to correct material in RePEc.

General contact details of provider: This allows to link your profile to this item. Also in this world, the weighted average cost of capital of the firm, WACC, is decreasing and concave down. More about this item Statistics Access and download statistics Corrections All material on this site has been provided by the respective publishers and authors.

Scientific Research An Academic Publisher. Download full text from publisher File URL: You can help adding them by using this form. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: You can help correct errors and omissions. We have no references for this item.

  LOCTITE 2701 PDF

Other versions of this item: See general information about how to correct material in RePEc. RePEc uses bibliographic data supplied by the respective publishers.

EconPapers: A Re-Examination of the Modigliani-Miller Theorem

It also allows you to accept potential citations to this item that we are uncertain about. The American Economic Review, 59, If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. We have no references for this item.

Re-Examination and Its Consequences. You can help correct errors and omissions.

A Re-Examination of the Modigliani Miller Theorem

RePEc uses bibliographic data supplied by the respective publishers. Strictly speaking, even if the two debt ratios are the same, the opportunity cost of capital of the comparable firm is not necessarily equal to that of the project unless the two costs of capital are identical functions of the debt ratio.

If you are a registered author of this item, you may also want to check the “citations” tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation. When requesting a correction, please mention this item’s handle: As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.