No description available.

Thesis (Ph. D.)--University of Wisconsin--Madison, 1927. / Typescript. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references.

Thesis (Ph. D.)--University of Wisconsin--Madison, 1963. / Typescript. Vita. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references (leaves 249-255).

Thesis (Ph. D.)--Ohio State University, 1976. / Includes bibliographical references (leaves 63-66). Available online via OhioLINK's ETD Center.

Inaug.-diss.--Leipzig. / Lebenslauf. "Literatur-vorzeichnis": p. 181-183.

Inaug.-Diss.--Bern. / "Schrifttum": p. 187-192.

The cost of capital has received much theoretical and empirical study in recent years. Two contradictory views have emerged concerning the effect of capital structure on the cost of capital. Writers such as Modigliani and Miller maintain that the cost of capital is independent of the relative proportion of liabilities to owners' equity and depends only on the risk associated with the type of business the firm is in. The opposite view is taken by those writers who support what is known as the traditional view. These writers maintain that judicious use of debt can reduce the firm's cost of capital. The purpose of this paper is to determine which approach appears to be the more accurate in a real world situation. We first investigate the many difficulties associated with the empirical tests which have been applied to evaluate the two conflicting hypotheses. The problems associated with these tests lead us to reject them as a means of resolving the cost of capital controversy. Instead, we choose a theoretical approach. Based on suggestions made by Modigliani and Miller and by the traditional writers, we postulate the way in which debt and equity capitalization rates are expected to respond to increases in the amount of debt in the capital structure. The Modigliani and Miller hypothesis and the traditional hypothesis are studied in detail and computer models for each hypothesis are then developed. The hypothetically determined capitalization rates are used as independent variables in the models to develop relationships between the dependent variables and the debt-equity ratio. The response of the dependent variables to changes in leverage is studied to see if it represents rational investor behavior. Real world factors are introduced into the analysis. Effects of corporate income tax on both the Modigliani and Miller hypothesis and the traditional hypothesis are investigated. In addition, we study the way in which legal restrictions and limited personal liability may restrict the Modigliani and Miller arbitrage process. The three computer models used in the analysis are described in detail in the appendices. These models have been developed so as to be as flexible as possible. All parameters are specified by the user, so the models may be adapted to a variety of situations. Program listings and the output used in our analysis are also included. / Business, Sauder School of / Graduate

No description available.

No description available.

Made available in DSpace on 2019-03-30T00:16:07Z (GMT). No. of bitstreams: 0 Previous issue date: 2017-06-26 / Social innovation was born of the yearnings of a class of individuals, of social movements, and of the need to change the social reality of a specific context. Thus, social innovation is characterized by the idea of one or more entrepreneurial agents that solve important questions and promote the transformation of a reality. In this sense, a model was developed capable of unifying the idea of social capital and human capital to generate social innovation in a social project. The methodological approach was qualitative, in the form of a theoretical essay, in the first article and case study, in the second article. For the essay, an analysis of the bibliography was carried out in order to discuss the relationship between social capital, human capital and social innovation. And, in the second article, we can observe the case of the Institute of Education Portal (IEP), which has been promoting the professional and spiritual formation of young people to obtain employment, through the case study, through which interviews were carried out. Their content, in order to demonstrate the training project developed and its social impact in the social context of these young people. To solidify the study, categories of analysis were selected based on the proposed model of Social and Human Innovation Capital (CISH). These categories were related to the information obtained in the interviews conducted at the Institute of Education Portal and generated elements of analysis that allowed the model to be tested and obtained validity. In this sense it is possible to observe that human capital and social capital are basic elements and formators of social innovation. Keywords: Ecotourism. Sustainable development. Sustainability. Route of emotions. / A inovação social nasceu dos anseios de uma classe de indivíduos, dos movimentos sociais e da necessidade de mudar a realidade social de um contexto específico. Assim, a inovação social é caracterizada pela ideia de um ou vários agentes empreendedores que soluciona questões importantes e promovem a transformação de uma realidade. Nesse sentido, se desenvolveu um modelo capaz de unificar a ideia de capital social e capital humano para gerar inovação social em um projeto social. A abordagem metodológica foi de natureza qualitativa, em forma de um ensaio teórico, no primeiro artigo e de estudo de caso, no segundo artigo. Para o ensaio, foi realizada uma análise da bibliografia, de forma a discutir a relação existente entre capital social, capital humano e inovação social. E, no segundo artigo, se observa o caso do Instituto de Educação Portal (IEP) que vem promovendo a formação profissional e espiritual de jovens para obtenção de emprego, através do estudo de caso, por meio do qual foram realizadas entrevistas que serão analisadas pelo seu conteúdo, de forma a demonstrar o projeto de formação desenvolvido e o seu impacto social no contexto social desses jovens. Para solidificar o estudo, foram selecionadas categorias de análise com base em modelo proposto de Capital de Inovação Social e Humano (CISH). Essas categorias foram relacionadas com as informações obtidas nas entrevistas realizadas no Instituto de Educação Portal e geraram elementos de análise que permitiram que o modelo fosse testado e obtivesse validade. Nesse sentido é possível obser que capital humano e capital social são elementos basilares e formadores de inovação social. Palavras-chave: Inovação social. Capital social. Capital humano. Instituto de Educação Portal (IEP).