5.1.1 Background The Modigliani-Miller analysis assumes a perfect capital market. However if there is moral hazard the Modigliani-Miller theorem breaks down because the returns may depend on the \u85nancial structure o
The seminal works of Modigliani-Miller and Markowitz-Sharpe remain the cornerstone of financial theo...
This paper challenges the validity for bank regulation of the Modigliani-Miller (MM) Theorems. We ar...
This article develops an integrated model of asset pricing and moral hazard. It is demonstrated that...
In this paper, we directly test the Modigliani-Miller theorem in the lab. Applying a general equilib...
We present an experiment designed to test the Modigliani-Miller theorem. Applying a general equilibr...
International audienceThe seminal Modigliani-Miller (1958) theorem is a cornerstone of corporate fin...
The capital structure of banks has become the focus of an extended debate among policymakers, regula...
The Modigliani-Miller (MM) theorems are a cornerstone of finance for two reasons. The first is subst...
Modigliani and Miller's argument of the irrelevance of the debtequity ratio to the value of the firm...
The paper shows that the use of an equity participation loan has no effect on the value of the firm,...
The Modigliani-Miller (MM) theorems are a cornerstone of finance for two reasons. The first is subst...
For the first time we have generalized the world-famous theory by Nobel Prize winners Modigliani and...
Problem formulation: This paper will examine how the capital structure of firms affects their market...
We base a contracting theory for a start-up firm on an agency model with observable but nonverifiabl...
We present a tractable general equilibriummodel with multiple sectors in which firms offer workers i...
The seminal works of Modigliani-Miller and Markowitz-Sharpe remain the cornerstone of financial theo...
This paper challenges the validity for bank regulation of the Modigliani-Miller (MM) Theorems. We ar...
This article develops an integrated model of asset pricing and moral hazard. It is demonstrated that...
In this paper, we directly test the Modigliani-Miller theorem in the lab. Applying a general equilib...
We present an experiment designed to test the Modigliani-Miller theorem. Applying a general equilibr...
International audienceThe seminal Modigliani-Miller (1958) theorem is a cornerstone of corporate fin...
The capital structure of banks has become the focus of an extended debate among policymakers, regula...
The Modigliani-Miller (MM) theorems are a cornerstone of finance for two reasons. The first is subst...
Modigliani and Miller's argument of the irrelevance of the debtequity ratio to the value of the firm...
The paper shows that the use of an equity participation loan has no effect on the value of the firm,...
The Modigliani-Miller (MM) theorems are a cornerstone of finance for two reasons. The first is subst...
For the first time we have generalized the world-famous theory by Nobel Prize winners Modigliani and...
Problem formulation: This paper will examine how the capital structure of firms affects their market...
We base a contracting theory for a start-up firm on an agency model with observable but nonverifiabl...
We present a tractable general equilibriummodel with multiple sectors in which firms offer workers i...
The seminal works of Modigliani-Miller and Markowitz-Sharpe remain the cornerstone of financial theo...
This paper challenges the validity for bank regulation of the Modigliani-Miller (MM) Theorems. We ar...
This article develops an integrated model of asset pricing and moral hazard. It is demonstrated that...