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Titlebook: Generalized Modigliani–Miller Theory; Applications in Corp Peter Brusov,Tatiana Filatova,Natali Orekhova Book 2022 The Editor(s) (if applic

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发表于 2025-3-21 17:31:51 | 显示全部楼层 |阅读模式
书目名称Generalized Modigliani–Miller Theory
副标题Applications in Corp
编辑Peter Brusov,Tatiana Filatova,Natali Orekhova
视频video
概述Discusses the generalization of the Modigliani–Miller theory.Introduces new versions of the Modigliani–Miller theory that are suitable for use in financial practice.Includes case studies on business v
丛书名称Contributions to Finance and Accounting
图书封面Titlebook: Generalized Modigliani–Miller Theory; Applications in Corp Peter Brusov,Tatiana Filatova,Natali Orekhova Book 2022 The Editor(s) (if applic
描述.The original theory of capital cost and capital structure put forward by Nobel Prize Winners Modigliani and Miller has since been modified by many authors, and this book discusses some of them. The book’s authors have created general theory of capital cost and capital structure – the Brusov–Filatova–Orekhova (BFO) theory, which generalizes the Modigliani–Miller theory to encompass companies of an arbitrary age (and arbitrary lifetime). Despite the availability of this more general theory, the classical Modigliani–Miller theory is still widely used in practice. In this book, the authors for the first time generalize it for cases of practical relevance: for the case of variable profit; for the case of advance tax-on-profit payments and interest on debt payments; for the case of several tax-on-profit and interest on debt payments per period; and for the combination of all three effects. These generalizations lead to valuable theoretical results as well as significantly widen of practical application this theory in practice and increase of the quality of finance management of the company. As well, the book investigates the applications of said results in corporate finance, investments
出版日期Book 2022
关键词Corporate Finance; Ratings; Auditing; Taxation; Investment
版次1
doihttps://doi.org/10.1007/978-3-030-93893-2
isbn_softcover978-3-030-93895-6
isbn_ebook978-3-030-93893-2Series ISSN 2730-6038 Series E-ISSN 2730-6046
issn_series 2730-6038
copyrightThe Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl
The information of publication is updating

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Mythopoetics and Cultural Re-Creation, the weighted average cost of capital WACC and the equity cost . on the tax rate at fix leverage level . (at debt capital fraction .) and on the leverage level at fix tax rate is made. We have introduced the concept of tax operation leverage.
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Introduction: American Fiction Abroad,ut as well it changes their dependence on leverage (Brusov et al. J Rev Global Econ 3:175–185, 2014b). In particular, it increases the growing rate of equity cost with leverage. Capitalization of the company is decreased under the accounting of inflation.
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Inflation in Modigliani–Miller Theoryut as well it changes their dependence on leverage (Brusov et al. J Rev Global Econ 3:175–185, 2014b). In particular, it increases the growing rate of equity cost with leverage. Capitalization of the company is decreased under the accounting of inflation.
发表于 2025-3-22 19:09:19 | 显示全部楼层
Investment Models with Debt Repayment at the End of the Project and their Applicationct ratings. In this chapter we consider the investment models with debt repayment at the end of the project and their application, while in Chap. ., we consider the investment models with uniform debt repayment and their application.
发表于 2025-3-22 22:34:25 | 显示全部楼层
The Role of Taxing and Leverage in Evaluation of Capital Cost and Capitalization of the Company the weighted average cost of capital WACC and the equity cost . on the tax rate at fix leverage level . (at debt capital fraction .) and on the leverage level at fix tax rate is made. We have introduced the concept of tax operation leverage.
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How Frequently Should Companies Pay Tax on Profithow that:.All these allow company to choose the method of payments of tax of profit(at the end of period or in advance) and number of payments of tax of profit per year, as many, as it is profitable to it (of course, within actual tax legislation).
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