001445600 000__ 05024cam\a2200517Ia\4500 001445600 001__ 1445600 001445600 003__ OCoLC 001445600 005__ 20230310003840.0 001445600 006__ m\\\\\o\\d\\\\\\\\ 001445600 007__ cr\un\nnnunnun 001445600 008__ 220331s2022\\\\sz\\\\\\ob\\\\000\0\eng\d 001445600 019__ $$a1308395608$$a1308797926$$a1309023694 001445600 020__ $$a9783030938932$$q(electronic bk.) 001445600 020__ $$a303093893X$$q(electronic bk.) 001445600 020__ $$z3030938921 001445600 020__ $$z9783030938925 001445600 0247_ $$a10.1007/978-3-030-93893-2$$2doi 001445600 035__ $$aSP(OCoLC)1306528645 001445600 040__ $$aYDX$$beng$$cYDX$$dOCLCO$$dGW5XE$$dEBLCP$$dOCLCO$$dOCLCF$$dN$T$$dUKAHL$$dOCLCQ 001445600 049__ $$aISEA 001445600 050_4 $$aHG4026 001445600 08204 $$a658.15$$223 001445600 1001_ $$aBrusov, P. N.$$q(Petr Nikitovich),$$eauthor. 001445600 24510 $$aGeneralized Modigliani-Miller theory:$$bapplications in corporate finance, investments, taxation and ratings /$$cPeter Brusov, Tatiana Filatova, Natali Orekhova. 001445600 260__ $$aCham, Switzerland :$$bSpringer,$$c2022. 001445600 300__ $$a1 online resource. 001445600 4901_ $$aContributions to finance and accounting 001445600 504__ $$aIncludes bibliographical references. 001445600 5050_ $$aChapter 1. Introduction -- Part I. Modigliani-Miller Theory in Corporate Finance -- Chapter 2. Capital Structure: Modigliani-Miller Theory -- Chapter 3. Modern Theory of Capital Cost and Capital Structure: Brusov-Filatova-Orekhova Theory (BFO Theory) -- Chapter 4. Optimal Capital Structure of the Company: Its Absence in Modigliani-Miller Theory with Risky Debt Capital -- Chapter 5. The Equity Cost in the Modigliani-Miller Theory -- Chapter 6. The Role of Taxing and Leverage in Evaluation of Capital Cost and Capitalization of the Company -- Chapter 7. Inflation in Modigliani-Miller Theory -- Chapter 8. Modification of the Modigliani-Miller Theory for the Case of Advance Tax on Profit Payments -- Chapter 9. The Modigliani-Miller Theory with Arbitrary Frequency of Payment of Tax on Profit -- Chapter 10. How Frequently Should Companies Pay Tax on Profit -- Chapter 11. Generalization of the Modigliani-Miller Theory for the Case of Variable Profit -- Part II. Applications of the Modigliani-Miller Theory in Investments -- Chapter 12. Investment Models with Debt Repayment at the End of the Project and Their Application -- Chapter 13. Investment Models with Uniform Debt Repayment and Their Application -- Chapter 14. Innovative Investment Models with Debt Repayment at the End of the Project -- Chapter 15. Investment Models with Advance Frequent Payments of Tax on Profit and of Interest on Debt -- Part III. Applications of the Modigliani-Miller Theory Ratings and Rating Methodologies -- Chapter 16. Application of the Modigliani-Miller Theory in Rating Methodology -- Chapter 17. Application of the Modigliani-Miller Theory, Modified for the Case of Advance Payments of Tax on Profit, in Rating Methodologies -- Chapter 18. A New Approach to Project Ratings -- Chapter 19. Conclusions. 001445600 506__ $$aAccess limited to authorized users. 001445600 520__ $$aThe original theory of capital cost and capital structure put forward by Nobel Prize Winners Modigliani and Miller has since been modified by many authors, and this book discusses some of them. The book's authors have created general theory of capital cost and capital structure the Brusov-Filatova-Orekhova (BFO) theory, which generalizes the Modigliani-Miller theory to encompass companies of an arbitrary age (and arbitrary lifetime). Despite the availability of this more general theory, the classical Modigliani-Miller theory is still widely used in practice. In this book, the authors for the first time generalize it for cases of practical relevance: for the case of variable profit; for the case of advance tax-on-profit payments and interest on debt payments; for the case of several tax-on-profit and interest on debt payments per period; and for the combination of all three effects. These generalizations lead to valuable theoretical results as well as significantly widen of practical application this theory in practice and increase of the quality of finance management of the company. As well, the book investigates the applications of said results in corporate finance, investments, taxation and ratings, where employing a generalized Modigliani-Miller theory can be very fruitful. 001445600 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed April 7, 2022). 001445600 650_0 $$aCorporations$$xFinance. 001445600 650_0 $$aInvestments$$xMathematical models. 001445600 650_6 $$aInvestissements$$xModèles mathématiques. 001445600 655_0 $$aElectronic books. 001445600 7001_ $$aFilatova, Tatiana,$$eauthor. 001445600 7001_ $$aOrekhova, Natali,$$eauthor. 001445600 77608 $$iPrint version:$$z3030938921$$z9783030938925$$w(OCoLC)1286797981 001445600 830_0 $$aContributions to finance and accounting. 001445600 852__ $$bebk 001445600 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-93893-2$$zOnline Access$$91397441.1 001445600 909CO $$ooai:library.usi.edu:1445600$$pGLOBAL_SET 001445600 980__ $$aBIB 001445600 980__ $$aEBOOK 001445600 982__ $$aEbook 001445600 983__ $$aOnline 001445600 994__ $$a92$$bISE