國立高雄大學圖資館 |

登入

回首頁

Generalized Modigliani-Miller theoryapplications in corporate finance, investments, taxation and ratings /

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Generalized Modigliani-Miller theoryby Peter Brusov, Tatiana Filatova, Natali Orekhova.
其他題名:	applications in corporate finance, investments, taxation and ratings /
作者:	Brusov, Peter.
其他作者:	Filatova, Tatiana.
出版者:	Cham :Springer International Publishing :2022.
面頁冊數:	xx, 362 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
標題:	CorporationsFinance.
電子資源:	https://doi.org/10.1007/978-3-030-93893-2
ISBN:	9783030938932$q(electronic bk.)

Generalized Modigliani-Miller theoryapplications in corporate finance, investments, taxation and ratings /
Brusov, Peter.

Generalized Modigliani-Miller theoryapplications in corporate finance, investments, taxation and ratings /[electronic resource] :by Peter Brusov, Tatiana Filatova, Natali Orekhova. - Cham :Springer International Publishing :2022. - xx, 362 p. :ill., digital ;24 cm. - Contributions to finance and accounting,2730-6046. - Contributions to finance and accounting..

Chapter 1. Introduction -- Part I. Modigliani-Miller Theory in Corporate Finance -- Chapter 2. Capital Structure: Modigliani-Miller Theory -- Chapter 3. Modern Theory of Capital Cost and Capital Structure: Brusov-Filatova-Orekhova Theory (BFO Theory) -- Chapter 4. Optimal Capital Structure of the Company: Its Absence in Modigliani-Miller Theory with Risky Debt Capital -- Chapter 5. The Equity Cost in the Modigliani -Miller Theory -- Chapter 6. The Role of Taxing and Leverage in Evaluation of Capital Cost and Capitalization of the Company -- Chapter 7. Inflation in Modigliani - Miller Theory -- Chapter 8. Modification of the Modigliani-Miller Theory for the Case of Advance Tax on Profit Payments -- Chapter 9. The Modigliani-Miller Theory with Arbitrary Frequency of Payment of Tax on Profit -- Chapter 10. How Frequently Should Companies Pay Tax on Profit -- Chapter 11. Generalization of the Modigliani-Miller Theory for the Case of Variable Profit -- Part II. Applications of the Modigliani-Miller Theory in Investments -- Chapter 12. Investment Models with Debt Repayment at the End of the Project and Their Application -- Chapter 13. Investment Models with Uniform Debt Repayment and Their Application -- Chapter 14. Innovative Investment Models with Debt Repayment at the End of the Project -- Chapter 15. Investment Models with Advance Frequent Payments of Tax on Profit and of Interest on Debt -- Part III. Applications of the Modigliani-Miller Theory Ratings and Rating Methodologies -- Chapter 16. Application of the Modigliani-Miller Theory in Rating Methodology -- Chapter 17. Application of the Modigliani-Miller Theory, Modified for the Case of Advance Payments of Tax on Profit, in Rating Methodologies -- Chapter 18. A New Approach to Project Ratings -- Chapter 19. Conclusions.

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, taxation and ratings, where employing a generalized Modigliani-Miller theory can be very fruitful.

ISBN: 9783030938932$q(electronic bk.)

Standard No.: 10.1007/978-3-030-93893-2doiSubjects--Topical Terms:

200080
Corporations
--Finance.

LC Class. No.: HG4026 / .B78 2022

Dewey Class. No.: 658.15

Generalized Modigliani-Miller theoryapplications in corporate finance, investments, taxation and ratings /
LDR:04234nmm a2200337 a 4500 001 622239
003 DE-He213
005 20220328191059.0
006 m d
007 cr nn 008maaau
008 221209s2022 sz s 0 eng d
020 $a 9783030938932$q(electronic bk.)
020 $a 9783030938925$q(paper)
024 7 $a 10.1007/978-3-030-93893-2 $2 doi
035 $a 978-3-030-93893-2
040 $a GP $c GP
041 0 $a eng
050 4 $a HG4026 $b .B78 2022
072 7 $a KFFH $2 bicssc
072 7 $a BUS017000 $2 bisacsh
072 7 $a KFFH $2 thema
082 0 4 $a 658.15 $2 23
090 $a HG4026 $b .B912 2022
100 1 $a Brusov, Peter. $3 726290
245 1 0 $a Generalized Modigliani-Miller theory $h [electronic resource] : $b applications in corporate finance, investments, taxation and ratings / $c by Peter Brusov, Tatiana Filatova, Natali Orekhova.
260 $a Cham : $b Springer International Publishing : $b Imprint: Springer, $c 2022.
300 $a xx, 362 p. : $b ill., digital ; $c 24 cm.
490 1 $a Contributions to finance and accounting, $x 2730-6046
505 0 $a Chapter 1. Introduction -- Part I. Modigliani-Miller Theory in Corporate Finance -- Chapter 2. Capital Structure: Modigliani-Miller Theory -- Chapter 3. Modern Theory of Capital Cost and Capital Structure: Brusov-Filatova-Orekhova Theory (BFO Theory) -- Chapter 4. Optimal Capital Structure of the Company: Its Absence in Modigliani-Miller Theory with Risky Debt Capital -- Chapter 5. The Equity Cost in the Modigliani -Miller Theory -- Chapter 6. The Role of Taxing and Leverage in Evaluation of Capital Cost and Capitalization of the Company -- Chapter 7. Inflation in Modigliani - Miller Theory -- Chapter 8. Modification of the Modigliani-Miller Theory for the Case of Advance Tax on Profit Payments -- Chapter 9. The Modigliani-Miller Theory with Arbitrary Frequency of Payment of Tax on Profit -- Chapter 10. How Frequently Should Companies Pay Tax on Profit -- Chapter 11. Generalization of the Modigliani-Miller Theory for the Case of Variable Profit -- Part II. Applications of the Modigliani-Miller Theory in Investments -- Chapter 12. Investment Models with Debt Repayment at the End of the Project and Their Application -- Chapter 13. Investment Models with Uniform Debt Repayment and Their Application -- Chapter 14. Innovative Investment Models with Debt Repayment at the End of the Project -- Chapter 15. Investment Models with Advance Frequent Payments of Tax on Profit and of Interest on Debt -- Part III. Applications of the Modigliani-Miller Theory Ratings and Rating Methodologies -- Chapter 16. Application of the Modigliani-Miller Theory in Rating Methodology -- Chapter 17. Application of the Modigliani-Miller Theory, Modified for the Case of Advance Payments of Tax on Profit, in Rating Methodologies -- Chapter 18. A New Approach to Project Ratings -- Chapter 19. Conclusions.
520 $a 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, taxation and ratings, where employing a generalized Modigliani-Miller theory can be very fruitful.
650 0 $a Corporations $x Finance. $3 200080
650 0 $a Investments $x Mathematical models. $3 221368
650 1 4 $a Corporate Finance. $2 swd $3 406349
650 2 4 $a Financial Economics. $3 274377
650 2 4 $a Auditing. $3 211905
650 2 4 $a Business Taxation and Tax Law. $3 924016
700 1 $a Filatova, Tatiana. $3 888988
700 1 $a Orekhova, Natali. $3 888989
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer Nature eBook
830 0 $a Contributions to finance and accounting. $3 888990
856 4 0 $u https://doi.org/10.1007/978-3-030-93893-2
950 $a Business and Management (SpringerNature-41169)