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默顿·米勒 教授年5月16日出生于美国的麻省 波士顿 ，年在 哈佛大学 获得文学士学位，年于霍浦金斯大学获得博士学位他的学术研究活动开始于年代初期进入卡内基工学院（即现在的 卡内基·梅隆大学 ）之后。在那里，他遇到了他学术生涯中最为重要的伙伴，即年获得 诺贝尔经济学奖 的莫迪格莱尼教授，并在年发表了他们彪炳千古的学术巨作，论文《资本成本、 公司理财 与投资理论》。他们的合作——理财学界著名的MM组合——一直延续至年代中期。年之后，米勒教授任教于 芝加哥大学 。在年代以前，米勒教授的工作主要集中于公司理财方面，奠定了他作为理财学一代宗师的地位。学界普遍认为，米勒教授在奠定现代公司财务理论的基础上所做的开创性工作，彻底地改变了企业制定投资决策与 融资决策 的模式。现代公司财务理论不仅对金融和商务领域中存在的问题给予了深刻描述，而且也使其渐趋成型。很少有 经济理论 分支能够如此贴近企业管理的实际 决策过程 。. Free 5, 5, mm号 無修正 5, results Report Sort by : Relevance Relevance Newest Rating Length Views Random. 美国经济学家莫迪格利安尼和米勒于年发表的《资本成本、公司财务和投资管理》一书中，提出了最初的MM理论，这时的MM理论不考虑 所得税 的影响， 得出的结论为企业的总价值不受资本结构的影响。此后，又对该理论做出了修正，加入了所得税的因素，由此而得出的结论为：企业的资本结构影响企业的总价值， 负债经营 将为公司带来税收节约效应。该理论为研究资本结构问题提供了一个有用的起点和分析框架。. Jav office girl Aoi fucks uncensored big ass and hairy hole looks fab doing missionary excellent - Chubby Slutty Babies uncensored - Welcome to Japanese Hentai Amateur Utopia! Your handjob would be unstoppable tonight! k % 11min - p - Nasty Slutty Women uncensored - Welcome to Japanese Hentai Amateur Utopia! Your handjob would be unstoppable tonight! k % 11min - p Dana Masturbating - uncensored version 6 min.
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