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Keywords: C59
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Journal Articles
Sectoral analysis of capital structure adjustment: evidence from emerging market
Available to Purchase
Journal of Advances in Management Research (2023) 20 (5): 801–820.
Published: 05 June 2023
... Partial adjustment model G30 G32 G39 C59 In their seminal work, Modigliani and Miller (1958) argued about the irrelevance of a firm's capital structure in relation to its value on the assumption of a perfect capital market. In 1963 , they included the tax component in their model...
