Millard Elingstone

RESEARCH

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Independent research and analytical publications designed to inform, explain, and encourage critical thinking.

Latest Research


CORPORATE FINANCE

Explore How Fixed Costs And Variable Costs Affect Effective Tax Rate

When a company intends to cut some VC, apparently these costs can positively impact on tax rate, but its not true. In this research, we explore why it happens and provide clear examples and create different scenarios for better understanding.

Author: Artyom Kravchenko

Date: Jul 29, 2026

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INVESTMENT BANKING

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The Rise of Private Credit and Its Growing Impact on Traditional Investment Banking

Private credit has become an increasingly important source of corporate financing, challenging the dominance of traditional syndicated lending and reshaping capital markets. This research examines how the rapid expansion of private credit influences investment banking revenues, financing structures, and the competitive landscape for financial institutions.

Author: Artyom Kravchenko

Date: Jul 25, 2026

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PRIVATE EQUITY

Understanding the Principles of Leveraged Buyouts in Private Equity

This content is intended solely as placeholder text for presentation and interface design purposes. It is used to evaluate typography, spacing, hierarchy, readability, and the overall visual appearance of this section. This text has no info and can be cut anywhere.

Author: Artyom Kravchenko

Date: Jul 22, 2026

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INVESTMENT BANKING

How Underwriting Standards Shift Across the Credit Cycle

This content is intended solely as placeholder text for presentation and interface design purposes. It is used to evaluate typography, spacing, hierarchy, readability, and the overall visual appearance of this section. This text has no info and can be cut anywhere.

Author: Artyom Kravchenko

Date: Jul 18, 2026

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PRIVATE EQUITY

What Lengthening Holding Periods Mean for Exit Timing

This content is intended solely as placeholder text for presentation and interface design purposes. It is used to evaluate typography, spacing, hierarchy, readability, and the overall visual appearance of this section. This text has no info and can be cut anywhere.

Author: Artyom Kravchenko

Date: Jul 16, 2026

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Research Areas


Our research is built around understanding the forces shaping global finance rather than simply reporting events. By combining rigorous analysis with current market developments, we provide independent insights into investment banking, private equity, and corporate finance. Every publication is designed to help readers understand not only what is happening, but why it matters.

Millard Elingstone'sResearch Archive

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Browse All Researches


  • Corporate Finance Research

    Author: Artyom Kravchenko

    Date: Jul 29, 2026

    Explore How Fixed Costs And Variable Costs Affect Effective Tax Rate

    When a company intends to cut some VC, apparently these costs can positively impact on tax rate, but its not true. In this research, we explore why it happens and provide clear examples and create different scenarios for better understanding.

  • Investment Banking Research

    Author: Artyom Kravchenko

    Date: Jul 25, 2026

    The Rise of Private Credit and Its Growing Impact on Traditional Investment Banking

    Private credit has become an increasingly important source of corporate financing, challenging the dominance of traditional syndicated lending and reshaping capital markets. This research examines how the rapid expansion of private credit influences investment banking revenues, financing structures, and the competitive landscape for financial institutions.

  • Private Equity Research

    Author: Artyom Kravchenko

    Date: Jul 22, 2026

    Understanding the Principles of Leveraged Buyouts in Private Equity

    This content is intended solely as placeholder text for presentation and interface design purposes. It is used to evaluate typography, spacing, hierarchy, readability, and the overall visual appearance of this section. This text has no info and can be cut anywhere.

  • Investment Banking Research

    Author: Artyom Kravchenko

    Date: Jul 18, 2026

    How Fee Structures Are Evolving Across Modern Investment Banking Advisory Services

    As transaction dynamics and client expectations continue to evolve, investment banks are adapting advisory fee structures to remain competitive.

  • Investment Banking Research

    Author: Artyom Kravchenko

    Date: Jul 18, 2026

    How Underwriting Standards Shift Across the Credit Cycle

    This content is intended solely as placeholder text for presentation and interface design purposes. It is used to evaluate typography, spacing, hierarchy, readability, and the overall visual appearance of this section. This text has no info and can be cut anywhere.

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