Brusov, Peter; Filatova, Tatiana; Orehova, Natali; … - In: Applied Financial Economics 21 (2011) 11, pp. 815-824
The theory of the capital cost and the capital structure by Modigliani and Miller (MM) is based on many assumptions, removal of which significantly alters its conclusions. While the account of corporate and individual taxes, the possibility of bankruptcy and a number of other assumptions have...