Modigliani-Miller Theorem - M&M - A financial theory stating that the market value of a firm is independent of the way it chooses to finance its investment or distribute dividends. To expand, a firm can choose between three methods of financing: issuing shares, borrowing, or spending profits (as opposed to dispersing them to shareholders in dividends).
Modigliani-Miller Theorem - M&M : a financial theory stating that the market value of a firm is independent of the way it chooses to finance its investment or distribute dividends. to expand, a firm can choose between three methods of financing: issuing shares, borrowing, or spending profits (as opposed to dispersing them to shareholders in dividends).
Modigliani-Miller Theorem - M&M