The Effect on Firm-Value by the Repurchase and Reissue of Treasury Stock — MM Capital-Theory Approach
碩士 === 義守大學 === 管理科學研究所 === 91 === In a world of no corporate taxes, the Modigliani and Miller proves that the value of the firm and the cost of capital are unaffected by the debt-to-equity ratio. In other words, a firm’s capital structure is a matter of indifference in this world. However, in the p...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2003
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| Online Access: | http://ndltd.ncl.edu.tw/handle/15140932664717380844 |