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1958? Franco Modigliani? Merton A. Miller(?? MM)? ????? ????. ??? ?? ???? ??????, ????? ????????? ?? MM? ??? ???, ?? ???? ????. MM ?? ?? ????????? ???? ??, ??? ??? ????? ??? ?? ??? ??(Trade-off Theory)?, ??, ??????? ????, ??, ??? ????? ??? ??? ??? ??? Myers(1984)? ??? ????????, ??, ??? ??? ??? ? ??(Market timing)? ??? ?? ??? ??????(Market Timing Theory)? ??.
??? ??? ?? ??? ?? ????? ??? ????? ??? ????? ?? ????? ??? ?? ??????? ?? ??? ??????. ?? ??? ??? ????? ????? ????, ?? ??? ??????? ?? ??? ?? ??? ?? ??? ? ??? ???.????
· Modigliani, F.; Miller, M. (1958). "The Cost of Capital, Corporation Finance and the Theory of Investment"
· Modigliani, F.; Miller, M. (1963). "Corporate income taxes and the cost of capital: a correction"
· ??? ??????? ?? ??, 經營經濟 ?43? ?1?, 2010? 2?, 啓明大學校産業經營硏究所, ???
· MM? MM 以後? 資本構造理論? ?? 考察(A Study on the Theory of Capital Structure of MM and Post MM), ??????? ??? ?????, ???(朴筍植)
· ??????? ?? ??? ??, ??????? ?????, 2004.2, ??? ??????
· ??????? ?? ?????? ; MM????? ??(Equity risk analysis based on capital structure change ; An examination of the MM theory), ??????? ???, ???, 2009 ??????
· ????? ????? ?? ??(A Study on the Determinants of Captial Structure), ????? ???, ???, 1994, ????????
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