The main body of research in corporate finance is

Corporate finance focuses on the study of corporate financing, investment, income distribution, and the problems associated with them. Corporate finance studies the capital financing activities with the corporation as the main body.

Corporate finance is a sub-discipline of finance used to examine how corporations can effectively utilize various sources of financing to obtain the lowest cost source of funds.

The following is a relevant introduction to the research areas of corporate finance:

1. The financing of the firm

The financing of the firm. The core is the capital structure. 1958, Modigliani and Miller published a pioneering paper "cost of capital, corporate finance and investment theory", the first time the logic of strict economic theory applied to the decision-making analysis of corporate finance and investment, changing the traditional case-based teaching and research in corporate finance and laying the foundation for the modern study of corporate finance theory.

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This book is the first of its kind in the field of corporate finance and investment theory.

2, the governance structure of the company

The governance structure of the company. This is closely related to the study of capital structure issues. Under a series of strict assumptions such as the capital market, Modigliani and Miller derived the proposition that the market value of a company is independent of its financing structure (MM theorem), which has caused a great deal of controversy.

3. The investment decision problem of the firm

The investment decision problem of the firm. As investing in enterprises is the best tool to create and utilize investment opportunities, thus becoming a fundamental driver of economic development. However, in the study of the theory of corporate finance, generally follow Fisher's separation principle, that is, the company's investment and financing decisions are separated, Modigliani and Miller's seminal paper made a more rigorous proof of this.

The above information refers to Baidu Encyclopedia - Corporate Finance