A MEAN‐VARIANCE SYNTHESIS OF CORPORATE FINANCIAL THEORYUnknown author1973-03-01articleThe Journal of Finance538 citationsclosedNo readable copy stored yet — this record is metadata only.Corporate Finance and GovernanceFinancial Analysis and Corporate GovernanceFinancial Reporting and Valuation ResearchAbstractNo abstract was published for this record.Citations in this libraryStored only when both papers are in the corpus — 538 citations exist upstream.References1958The Cost of Capital, Corporation Finance and the Theory of Investment2008The cost of capital, corporation finance and the theory of investment1965The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets1975THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.]1966Equilibrium in a Capital Asset Market1972Portfolio Theory and Capital Markets.1969PORTFOLIO ANALYSIS, MARKET EQUILIBRIUM AND CORPORATION FINANCECited by1977Capital market equilibrium in a mean-lower partial moment framework1974An aggregation theorem for securities markets1978THE INSIGNIFICANCE OF BANKRUPTCY COSTS TO THE THEORY OF OPTIMAL CAPITAL STRUCTURE2010Labor Unions, Operating Flexibility, and the Cost of Equity1978Corporate Income Taxes, Valuation, and the Problem of Optimal Capital Structure2007Managerial Overconfidence and Corporate Policies1983Investment Patterns and Financial Leverage1987Assessing international diversification of West German corporations