The Brusov–Filatova–Orekhova Theory of Capital Structure

Applications in Corporate Finance, Investments, Taxation and Ratings de

, ,

Éditeur :

Springer


Paru le : 2023-05-17

eBook Téléchargement , DRM LCP 🛈 DRM Adobe 🛈
Lecture en ligne (streaming)
158,24

Téléchargement immédiat
Dès validation de votre commande
Image Louise Reader présentation

Louise Reader

Lisez ce titre sur l'application Louise Reader.

Description
The book introduces  and discusses the modern theory of the cost of capital and capital structure - the BFO theory (Brusov-Filatova-Orekhova theory), which is valid for companies of arbitrary age and which replaced the theory of Nobel laureates Modigliani and Miller. The theory takes into account  the conditions faced by  companies operating in the real economy, such as revenue fluctuations;  the arbitrary frequency of tax on profit payments (monthly, quarterly, semi-annual or annual payments), both for advance income tax payments and for payments at the end of the respective period; and the arbitrary frequency of interest on loans payments. The impact of these conditions on the company value, on the cost of raising capital, on the company's dividend policy and managerial decisions are discussed. The book subsequently develops new applications of the BFO theory in several areas such as corporate finance, corporate governance, investments, taxation, business valuations and ratings. 
Pages
769 pages
Collection
n.c
Parution
2023-05-17
Marque
Springer
EAN papier
9783031279287
EAN PDF
9783031279294

Informations sur l'ebook
Nombre pages copiables
7
Nombre pages imprimables
76
Taille du fichier
30956 Ko
Prix
158,24 €
EAN EPUB
9783031279294

Informations sur l'ebook
Nombre pages copiables
7
Nombre pages imprimables
76
Taille du fichier
57743 Ko
Prix
158,24 €

Suggestions personnalisées