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MODERN PARADIGM IN CAPITAL STRUCTURE STUDIES

Journal: Bulletin of Taras Shevchenko National University of Kyiv. Economics (Vol.185, No. 8)

Publication Date:

Authors : ;

Page : 45-51

Keywords : capital structure; firm capital; financing sources; modern finance theory; corporate finance studies;

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Abstract

This article presents a review of capital structure studies paradigm, founded by the Miller- Modigliani theorem. The research includes a brief view on origins of capital structure issue, importance of the Miller- Modigliani theorem for modern research, and current agenda of modern studies. The article also suggests post-soviet scholars to adopt and use modern theories and methodology.

Last modified: 2016-11-13 01:00:36