Penttinen - Google Patents
Theory of Financial Lease ContractsPenttinen
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- 2283088699702146347
- Author
- Penttinen J
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One of the cornerstones of modern corporate finance is the Modigliani–Miller theorem. The key result of the theorem is a proposition that the capital structure of a firm is irrelevant in perfect frictionless world. Modigliani (1980, p. xii) explains the theorem as follows:... with well …
- 230000029305 taxis 0 abstract description 17
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