「Modigliani and Miller」に関連した動画の一覧 |
![]() | Capital Structure class I An introduction to capital structure for my Corporate Finance classes 2011年12月07日再生回数 2813 |
![]() | Debt Policy in 15 minutes: Finance Capital Structure Theory & Return on Investment Ratio ROI / ROE Clicked here www.MBAbullshit.com and OMG wow! I'm SHOCKED how easy.. No wonder others goin crazy sharing this??? In case you possess a corporation, might you like the firm to possess a substantial debt or merely a little? Undoubtedly, you'll likely proclaim you desire to have as small company debt as you can, just like you'd desire to suffer from as little personal credit card debt as possible.We've all been informed ever since adolescence that debt is not good knowing that it might cause you to be penniless. Alternatively, in (old-fashioned) corporate finance, it's certainly considered that greater debt is fantastic"! Understand that this is certainly only in conventional finance mostly because a more sophisticated belief by Modigliani and Miller claims that it will not neccessarily matter regardless if a business has added debt or less debt. Nevertheless it still is not going to support your mom and dad's "no debt" instruction! How may added debt turn out to be beneficial? To start with, let us go back to an earlier reasoning behind Rate of Return. If you happen to invest two hundred dollars in a business and you take back $20 yearly, exactly what is your rate of return? 10% (For the reason that twenty dollars is 10% of your $200 capital). Visualize that, instead of investing the full two hundred bucks in the firm, you provide $100 of your private financial resources in the company and borrow the residual other $100. After which, you still secure back twenty dollars ... 2010年11月14日再生回数 7327 |
![]() | Modigliani-Miller 50 años después: aportes a las Finanzas Corporativas Conferencia del Dr. Guillermo L. Dumrauf sobre los aportes de Modigliani-Miller a las Finanzas Corporativas (julio 2008, Universidad del CEMA) 2012年02月22日再生回数 300 |
![]() | 11. Stocks Financial Markets (ECON 252) The stock market is the information center for the corporate sector. It represents individuals' ownership in publicly-held corporations. Although corporations have a variety of stakeholders, the shareholders of a for-profit corporation are central since the company is ultimately responsible to them. Companies offer dividends, stock repurchases and stock dividends to give profits back to shareholders or to signal information. Companies can also take on debt to raise capital, creating leverage. The Modigliani-Miller theory of a company's leverage in its simplest form implies the leverage ratio doesn't matter, but including bankruptcy costs and tax effects give us a positive theory of the ratio. 00:00 - Chapter 1. Introduction 04:24 - Chapter 2. The Corporation as a "Person" 14:02 - Chapter 3. Shares, Dilutions, and Stock Dividends 31:26 - Chapter 4. Distinguishing Earnings and Dividends, and Getting Money Out of Companies 42:38 - Chapter 5. Stock Repurchases and the Modigliani-Miller Proposition 57:13 - Chapter 6. Corporate Debt and Debt Irrelevance 01:07:58 - Chapter 7. The Lintner Model of Dividends Complete course materials are available at the Open Yale Courses website: open.yale.edu This course was recorded in Spring 2008. 2008年11月20日再生回数 41826 |
![]() | Steuern- / Abgabenzwang vs. Verschuldung 1/2 Mittels des Theorems von Modigliani / Miller wird eine mögliche Erklärung gegeben für den zwangsläufigen, verschuldungsbedingten Zusammenbruch jedes abgabenbasierten Staatssystems. 2010年11月23日再生回数 663 |
![]() | 50 Major Economists #41 - Franco Modigliani Alex Merced will be doing videos on each of the 50 economist discussed in Steve Pressmans 50 major economist. Buy the book here: amzn.to DONATE TO ALEX HERE - bit.ly Alexs Amazon Bookstore - astore.amazon.com Please Help Support the efforts of Alex Merced and AlexMerced.com and purchase from these affiliates: PUMA - Buy Shoes!!! (I do love Pumas) bit.ly 2011年06月23日再生回数 398 |
![]() | gold bubble? The Modigliani-Miller theorem gone wild. 2009年12月05日再生回数 721 |
![]() | Merton Miller Quotes What was your favorite Merton Miller quote? 'Like' and leave a comment below, then jump over to quotetank.com and make a list of your favorites, so you'll never forget! We update our Twitter and Facebook with new quotes every few minutes, don't miss out! twitter.com | www.facebook.com If you enjoyed these quotes, please LIKE, SHARE and SUBSCRIBE! Who is Merton Miller? The co-author of the Modigliani-Miller theorem which proposed the irrelevance of debt-equity structure. 2012年03月23日再生回数 36 |
![]() | Steuern -/ Abgabenzwang vs. Verschuldung 2/2 Mittels des Theorems von Modigliani / Miller wird eine mögliche Erklärung gegeben für den zwangsläufigen, verschuldungsbedingten Zusammenbruch jedes abgabenbasierten Staatssystems. 2010年11月23日再生回数 190 |
![]() | Home Made Leverage 1: Moving from a Levered to an Unlevered Firm A demonstration on Miller and Modigilani's "Home - Made Leverage" argument. This episode begins with an investor invested in the levered firm and moves over to an unlevered one without giving up his / her proportional ownership and return. The argument is based on many assumptions, which may not be met with in real world scenario but the point to be understood is that as long as (and as far as) switching firms without loss is possible, capital structure is not relevant to a firm's value. That this switching may not be as easily accomplished (due to market imperfections) as is demonstrated theoretically, only tells us that market imperfections may affect a firm's value but not capital structure. 2010年03月02日再生回数 4299 |









