The Modigliani-Miller theorem is a foundational concept in corporate finance, often considered a powerful principle that demonstrates how a firm’s value is unaffected by its capital structure in a perfect market. Since its inception, this theorem has profoundly impacted financial management, asset valuation, and investment strategies. Dive into the Modigliani-Miller theorem to understand how it shapes corporate finance decisions today.
The Modigliani-Miller theorem is a foundational concept in corporate finance, often considered a powerful principle