The Modigliani-Miller (M&M) theorem is a cornerstone of modern corporate finance theory, developed by economists Franco Modigliani and Merton Miller in the 1950s.1
Posts tagged as “Capital Markets”
Venture capital has long been associated with fueling innovation and high-growth startups. However, alongside equity financing, another instrument has gained importance in the startup ecosystem: venture debt.
The global savings glut is a macroeconomic theory that posits that the world has experienced a significant surplus of desired savings over desired investment, leading to a decline in global real interest rates and contributing to major economic imbalances.
This essay will examine the historical evolution of this concept, the principal methods through which it is realized in the modern era, and the associated ethical and societal implications of a practice that possesses the capacity both to build substantial fortunes and to exacerbate economic disparities.
The primary motivation for a private company to pursue a reverse merger is to become publicly traded without going through the lengthy, complex, and often expensive process of a traditional Initial Public Offering (IPO).
These two approaches represent distinct philosophies on how best to achieve financial goals in the capital markets.
In the financial world, an underwriter is a crucial party, usually a financial institution like an investment bank, that evaluates and assumes the financial risk of another party for a fee.
In the intricate tapestry of international economics, few theories have offered as enduring and insightful a lens into national competitiveness as Michael Porter's Diamond Framework.
The decision to list a company on the stock market, or delist a company, is a complex one that requires careful consideration of various factors.