The Tax Elasticity of Corporate Debt : A Synthesis of Size and Variations

A Synthesis of Size and Variations

The Tax Elasticity of Corporate Debt : A Synthesis of Size and Variations
Although the empirical literature has long struggled to identify the impact of taxes on corporate financial structure, a recent boom in studies offers ample support for the debt bias of taxation. Yet, studies differ considerably in effect size and reveal an equally large variety in methodologies and specifications. This paper sheds light on this... READ MORE...

Publication date: April 2011
ISBN 9781455253340
$18.00

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