Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...
The Modigliani-Miller theorem is a key pillar in modern finance. The theorem has revolutionized corporate finance since it was introduced by the Professors Franco Modigliani and Merton Miller. In 1985 ...
Jianying Qiu of the University of Vienna and colleagues tested the Modigliani-Miller theorem - the prediction that a company's capital structure shouldn't affect its value - by getting students to ...
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