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Merton Miller.

Economist who coauthored influential research on capital structure, payout policy and valuation.

Finance & Investing ↗Markets & Economics ↗

Associated with

01Interactive

Dividend Irrelevance

Distribute a fictional firm’s cash, then introduce dividend tax and optional reinvestment.

Finance & InvestingMarkets & Economics

Associated with Franco Modigliani

These relationships distinguish discussion, development, and popularization; they do not imply sole invention. Effect pages include supporting references where verified and label provisional associations.