Modigliani and Miller Proposition I

Modigliani and Miller Proposition I
Proposition stating that a business cannot modify the value of its total outstanding securities through modifying capital structure proportions. Also termed as irrelevance proposition, this was stated by Modigliani and Miller.

Related posts:

  1. Modigliani and Miller Proposition II
  2. Irrelevance Result
  3. Pro Forma Capital Structure Analysis
  4. Pie Model of Capital Structure
  5. Complex Capital Structure

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