Do personal taxes affect corporate financing decisions?
نویسندگان
چکیده
منابع مشابه
Do Personal Taxes affect Corporate Financing Decisions?
The traditional view is that interest deductibility encourages firms to use debt financing; however, some argue that the personal tax disadvantage to interest offsets the corporate tax advantage. This paper investigates the degree to which personal taxes affect corporate financing decisions. In crosssectional regressions that control for personal taxes, debt usage is positively correlated with ...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 1999
ISSN: 0047-2727
DOI: 10.1016/s0047-2727(99)00006-7