27 Corporate Pension Plans Many firms have pension plans for their employees that are heavily in deficit
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27 Corporate Pension Plans Many firms have pension plans for their employees that are heavily in deficit
(i.e., the asset value of the fund is less than the present value of its future pension payments). How does this affect the risk of firms? How would you incorporate the pension fund deficit or surplus into the Modigliani–
Miller framework?
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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