Description
Part I: Corporate Finance.- Introduction.- Capital Structure: Modigliani-Miller Theory.- Modern Theory of Capital Cost and Capital Structure: Brusov-Filatova-Orekhova Theory (BFO Theory).- Bankruptcy of the Famous Tradeoff Theory.- New Mechanism of Formation of the Company Optimal Capital Structure, Different from Suggested by Trade Off Theory.- The Global Causes of Global Financial Crisis.- The Role of Taxing and Leverage in Evaluation of Capital Cost and Capitalization of the Company.- A Qualitatively New Effect in Corporate Finance: Abnormal Dependence of Equity Cost of Company on Leverage.- Inflation in Brusov-Filatova-Orekhova Theory and in Its Perpetuity Limit – Modigliani – Miller Theory.- Part II: Investments.- A Portfolio of Two Securities.- Investment Models with Debt Repayment at the End of the Project and Their Application.- Influence of Debt Financing on the Efficiency of Investment Projects: The Analysis of Efficiency of Investment Projects within the Perpetuity (Modigliani-Miller) Approximation.- The Analysis of the Exploration of Efficiency of Investment Projects of Arbitrary Duration (within Brusov-Filatova-Orekhova Theory).- Investment Models with Uniform Debt Repayment and Their Application.- Part III: Taxation.- It Is Possible to Increase Taxing and Conserve a Good Investment Climate in the Country?- It Is Possible to Increase the Investment Efficiency, Increasing Tax on Profit Rate? An Abnormal Influence of Growth of Tax on Profit Rate on the Efficiency of the Investment.- Optimizing of the Investment Structure of the Telecommunication Sector Company.- The Golden Age of the Company (Three Colors of Company’s Time).- A “Golden Age” of the Companies: Conditions of its Existence.- The Role of the Central Bank and Commercial Banks in Creating and Maintaining of a Favorable Investment Climate in the Country.- Part IV: Ratings and rating methodologies.- Rating: New Approach.- Rating Methodology: New Look and New Horizons.- Ratings of the Long-Term Projects: New Approach.- New Meaningful Effects in Modern Capital Structure Theory.- Conclusion.
