|
|
Miller, Merton |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Miller, MertonNobel Laureate and coauthor of the famous Miller-Modigliani theorems. Finance professor at the University of Chicago.Miller, Merton Similar MatchesMiller and Modiglianis irrelevance propositionMiller and Modiglianis irrelevance propositionTheory that if financial markets are perfect, corporate financial policy (including hedging policy) is irrelevant. Modigliani and Miller Proposition IModigliani and Miller Proposition IA proposition by Modigliani and Miller which states that a firm cannot change the total value of its outstanding securities by changing its capital structure proportions. Also called the irrelevance proposition. |
|
|
|