# Modigliani–Miller theorem

> theorem that in the absence of taxes, bankruptcy costs, agency costs, and asymmetric information, and in an efficient market, the enterprise value of a firm is unaffected by how that firm is financed

**Wikidata**: [Q117553](https://www.wikidata.org/wiki/Q117553)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Modigliani–Miller_theorem)  
**Source**: https://4ort.xyz/entity/modigliani-miller-theorem


## References

1. Freebase Data Dumps. 2013