The Modigliani‐Miller Propositions After Thirty Years
1989; Wiley; Volume: 2; Issue: 1 Linguagem: Inglês
10.1111/j.1745-6622.1989.tb00548.x
ISSN1078-1196
Autores Tópico(s)Financial Markets and Investment Strategies
ResumoJournal of Applied Corporate FinanceVolume 2, Issue 1 p. 6-18 The Modigliani-Miller Propositions After Thirty Years Merton H. Miller, Merton H. Miller Robert R. McCormick Distinguished Service Professor at the Graduate School of Business, University of Chicago. He is a past president of the American Finance Association. He is one of three co-editors of the Journal of Business. Dr. Miller has co-authored two well-known textbooks: The Theory of Finance (with Eugene Fama also of the University of Chicago) and Macroeconomics: A Neoclassical Introduction (with Charles Upton of Rutgers). This article is a shortened version of an article that appeared in the Journal of Economic Perspectives (Fall 1988) and is reprinted here with permission of the American Economic Association, the journal's publisher. The author would like to acknowledge helpful comments on an earlier draft made by George Constantinides, Melvin Reder, Lester Telser, Hal Varian, Robert Vishny, and by the editors of the Journal of Economic Perspectives, Carl Shapiro, Joseph Stiglitz, and Timothy Taylor.Search for more papers by this author Merton H. Miller, Merton H. Miller Robert R. McCormick Distinguished Service Professor at the Graduate School of Business, University of Chicago. He is a past president of the American Finance Association. He is one of three co-editors of the Journal of Business. Dr. Miller has co-authored two well-known textbooks: The Theory of Finance (with Eugene Fama also of the University of Chicago) and Macroeconomics: A Neoclassical Introduction (with Charles Upton of Rutgers). This article is a shortened version of an article that appeared in the Journal of Economic Perspectives (Fall 1988) and is reprinted here with permission of the American Economic Association, the journal's publisher. The author would like to acknowledge helpful comments on an earlier draft made by George Constantinides, Melvin Reder, Lester Telser, Hal Varian, Robert Vishny, and by the editors of the Journal of Economic Perspectives, Carl Shapiro, Joseph Stiglitz, and Timothy Taylor.Search for more papers by this author First published: Spring 1989 https://doi.org/10.1111/j.1745-6622.1989.tb00548.xCitations: 18 AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. 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