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Keywords: Modigliani–Miller
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Journal Articles
Journal:
Studies in Economics and Finance
Studies in Economics and Finance (2016) 33 (4): 466–487.
Published: 03 October 2016
...Rainer Masera; Giancarlo Mazzoni Purpose The paper aims to investigate whether the value of banks is affected by their financing policies. Higher capital requirements have been invoked by exploiting a renewed edition of the Modigliani–Miller (M&M) theorem. This paper shows the limits...
