LEADER 04896nam 22006855 450 001 9910298472903321 005 20200920132637.0 010 $a3-319-14732-3 024 7 $a10.1007/978-3-319-14732-1 035 $a(CKB)3710000000422030 035 $a(EBL)2094305 035 $a(SSID)ssj0001524746 035 $a(PQKBManifestationID)11867186 035 $a(PQKBTitleCode)TC0001524746 035 $a(PQKBWorkID)11485767 035 $a(PQKB)10221257 035 $a(DE-He213)978-3-319-14732-1 035 $a(MiAaPQ)EBC2094305 035 $a(PPN)18639487X 035 $a(EXLCZ)993710000000422030 100 $a20150602d2015 u| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aModern Corporate Finance, Investments and Taxation /$fby Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov 205 $a1st ed. 2015. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2015. 215 $a1 online resource (374 p.) 300 $aDescription based upon print version of record. 311 $a3-319-14731-5 320 $aIncludes bibliographical references. 327 $aPart I: Corporate Finance: Introduction -- Capital Structure: Modigliani?Miller Theory -- Modern Theory of Capital Cost and Capital Structure: Brusov-Filatova-Orekhova Theory (BFO Theory) -- Bankruptcy of the Famous Tradeoff Theory -- New Mechanism of Formation of the Company Optimal Capital Structure, Different from Suggested by Trade Off Theory -- The Global Causes of Global Financial Crisis -- The Role of Taxing and Leverage in Evaluation of Capital Cost and Capitalization of the Company -- A Qualitatively New Effect in Corporate Finance: Abnormal Dependence of Equity Cost of Company on Leverage -- Inflation in Brusov?Filatova?Orekhova Theory and in Its Perpetuity Limit ? Modigliani ? Miller Theory -- Part II: Investments: A Portfolio of Two Securities -- Investment Models with Debt Repayment at the End of the Project and Their Application -- Influence of Debt Financing on the Efficiency of Investment Projects: The Analysis of Efficiency of Investment Projects within the Perpetuity (Modigliani?Miller) Approximation -- The Analysis of the Exploration of Efficiency of Investment Projects of Arbitrary Duration (within Brusov?Filatova?Orekhova Theory) -- Investment Models with Uniform Debt Repayment and Their Application -- Whether It Is Possible to Increase Taxing and Conserve a Good Investment Climate in the Country?- Whether It Is Possible to Increase the Investment Efficiency, Increasing Tax on Profit Rate? An Abnormal Influence of Growth of Tax on Profit Rate on the Efficiency of the Investment -- Optimizing of the Investment Structure of the Telecommunication Sector Company -- The Golden Age of the Company (Three Colors of Company's Time) -- Conclusion. 330 $aThis monograph is devoted to the modern theory of capital cost and capital structure and its application to the real economy. In particular, it presents a possible explanation to the causes of global financial crisis. The authors of the book modify the theory of Nobel Prize winners Modigliani and Miller to describe an alternative theory of capital cost and capital structure that can be applied to corporations with arbitrary lifetime and investment projects with arbitrary duration. The authors illustrate their theory with examples from corporate practice and develop investment models that can be applied by companies in their financial operations. 606 $aCorporations?Finance 606 $aMacroeconomics 606 $aLeadership 606 $aCorporate Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/612000 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aBusiness Strategy/Leadership$3https://scigraph.springernature.com/ontologies/product-market-codes/515010 615 0$aCorporations?Finance. 615 0$aMacroeconomics. 615 0$aLeadership. 615 14$aCorporate Finance. 615 24$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aBusiness Strategy/Leadership. 676 $a330 676 $a332 676 $a657.8333 676 $a658.152 676 $a658.4092 700 $aBrusov$b Peter$4aut$4http://id.loc.gov/vocabulary/relators/aut$01060349 702 $aFilatova$b Tatiana$4aut$4http://id.loc.gov/vocabulary/relators/aut 702 $aOrekhova$b Natali$4aut$4http://id.loc.gov/vocabulary/relators/aut 702 $aEskindarov$b Mukhadin$4aut$4http://id.loc.gov/vocabulary/relators/aut 906 $aBOOK 912 $a9910298472903321 996 $aModern Corporate Finance, Investments and Taxation$92529308 997 $aUNINA