Centro de Documentación



Registro:Modigliani, Franco; Miller, Merton H.

The cost of capital, corporation finance and the theory of investment. En: The American Economic Review. Washington, D.C.. American Economic Association. vol. 48 : n° 3(junio 1958), pp. 261-297.


Notas:
Temas:costo de capital, teorema de Modigliani-Miller, teoría económica, modelos económicos, estructura de capital
Contenido:Acceso al texto completo
Indice
página
1.The valuation of securities, leverage, and the cost of capital
265
A. The capitalization rate for uncertain streams
265
B. Debt financing and its effects on security prices
267
D. The relation of propositions I and II to current doctrines
276
E. Some preliminary evidence on the basic propositions
281
2.Implications of the analysis for the theory investment
288
A. Capital structure and investment policy
288
B. Proposition III and financial planning by firms
292
C. The effect of the crporate income tax on investment decisions
293
3.Conclusion
296
References
296