Theoretical overview
Since Modigliani and Miller’s groundbreaking study in 1958, the debate over the existence of an optimal financial mix has remained a topic of ongoing interest. To elucidate the potential existence of an optimal target…
Since Modigliani and Miller’s groundbreaking study in 1958, the debate over the existence of an optimal financial mix has remained a topic of ongoing interest. To elucidate the potential existence of an optimal target…