The capital structure of a company is referred to the way in which the company finances itself through debts, equity and securities; it can therefore be referred to as the capital composition of the company taking into consideration its liabilities, Modigliani and Miller propose the Modigliani Miller theorem of capital structure which states that the value of a company in a perfect market is unaffected by the way the company is financed but through the capital structure it employs.
What does MM stand for?
MM stands for Modigliani Miller (finance researchers)
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- Mobile Magazine
- Mobile Management
- Mobility Management
- Mobility Manager
- Mode Matching
- Model Management
- Modest Mouse (band)
- Modest Mussorgsky (classical composer)
- Modified Margin (philately)
- Modified Mercalli Scale (earthquake intensity scale)
Samples in periodicals archive:
Section 2 derives the classical WACC formulas of Modigliani Miller (1963) and Harris Pringle (1985), the latter corresponding to the Miles and Ezzel (1980) case with continuous rebalancing.