Discover Franco Modigliani's impact on economics, including his Nobel-winning theories in consumption and corporate finance. Learn about the Modigliani-Miller Theorem.
The Modigliani-Miller theorem is a key pillar in modern finance. The theorem has revolutionized corporate finance since it was introduced by the Professors Franco Modigliani and Merton Miller. In 1985 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A privately-held tech company is desperate for cash. Structuring this deal as debt instead of as equity also ...
The Modigliani-Miller theory of bank capital posits that higher capital requirements result in negligible costs for banks, making them an effective way for regulators to increase the safety of banks ...
Franco Modigliani’s Life-Cycle Hypothesis suggested that the more you earn, the more you save. This was contrary to conventional thinking that the level of savings fluctuated with income. His research ...
SERENA MODIGLIANI warned her husband not to turn around if someone shouted his name on the streets of Rome. “Otherwise they'll shoot you,” she said. It was the winter of 1978, and Italy was gripped by ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
We’ll send you a myFT Daily Digest email rounding up the latest Letter news every morning. From Dr Dov Frishberg. Sir, Peter Harding and Martin Harrison (Letters, August 28) criticise Lex’s supposed ...