Examlex
Moral behavior is shaped by both deontological and teleological ethical systems.
Debt Financing
Debt financing involves raising capital through borrowing money that must be repaid over time, typically with interest, from external sources like banks or through issuing bonds.
Bankruptcy Costs
Expenses associated with the process of declaring and handling bankruptcy, including legal fees, administrative fees, and potential losses to creditors.
Miller and Modigliani
Refers to the theorem proposed by Franco Modigliani and Merton Miller, indicating that under certain market conditions, the valuation of a company is unaffected by its capital structure.
Debt Financing
The method of raising capital through borrowing, typically through loans or by issuing bonds.
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