Intellectual Property

Stern Stewart`s Recommendations

   Corporate Finance as a field of research and practice was revolutionized upon the release of Dividend Policy, Growth, and the Valuation of Shares. Merton Miller and Franco Modigliani's piece provided the Net Present Value framework that has become the foundation for investment policy and valuation, and helped them earn Nobel prizes.
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   The Journal of Applied Corporate Finance, originated by the founders of our firm, offers an accessible insight into the applications of the latest research in finance and economics.
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