Discover Franco Modigliani's impact on economics, including his Nobel-winning theories in consumption and corporate finance.

The Modigliani-Miller theorem is a key pillar in modern finance. The theorem has revolutionized corporate finance since it was introduced by the Professors Franco Modigliani and Merton Miller. In 1985 ...

Discover how Nobel laureate Merton Miller revolutionized corporate finance with the Modigliani-Miller theorem. Learn about ...

In “Banks will beat Basel III for all the wrong reasons” (Opinion, July 1) Todd H Baker argued that banks should be required to fund themselves with more capital. His argument is premised on the 1958 ...