Home  Journals  Finance and Credit  42(426) - 2010 November

Capital structure theory: from the beginnings to modigliani and miller

Available online: 9 November 2010

Subject Heading: Financial system

JEL Classification: 

In this paper we examined the process of formation of capital structure theory: appearance of neoclassical theory of finance, development of financial management, implementation of first models of company valuation, formulation of alternative theories. Special consideration is given to comparative analysis of traditional capital structure and that of Modigliani and Miller.

Keywords: capital structure, cost of capital, cost of equity, cost of debt, neoclassical theory of finance

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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