INFLUENCE OF MANAGEMENT ON DEBT CORPORATE POLICY
نویسندگان
چکیده
منابع مشابه
Taxation and Corporate Use of Debt: Implications for Tax Policy
There is growing empirical evidence showing that taxes encourage use of debt in large profi table fi rms and discourage it in less profi table fi rms. There has been debate, though, on the source of any non-tax costs from debt fi nance offsetting the tax advantages of debt. This paper lays out competing hypotheses, notes that the existing empirical evidence is more supportive of a “lemons” mode...
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ژورنال
عنوان ژورنال: Strategic decisions and risk management
سال: 2021
ISSN: 2618-9984,2618-947X
DOI: 10.17747/2618-947x-2020-3-316-323