Distributional Implications of Corporate Financing

It is shown that the pecking order of corporate financing causes perpetual growth in corporate income inequality via concentrated growth of capital income share in total corporate income. Moreover, equity financing is shown to cause a perpetual decline in corporate income inequality via participative growth of capital income share, without any significant compromises notable in the growth rate of capital income

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Year of publication:	[2021]
Authors:	Khan, Haris ; Shehzad, Choudhry Tanveer
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Unternehmensfinanzierung \| Corporate finance \| Einkommensverteilung \| Income distribution \| Betriebliche Finanzwirtschaft \| Managerial finance

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Extent:	1 Online-Ressource (6 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 22, 2020 erstellt
Other identifiers:	10.2139/ssrn.3717208 [DOI]
Classification:	D31 - Personal Income, Wealth and Their Distributions ; G32 - Financing Policy; Capital and Ownership Structure ; H23 - Externalities; Redistributive Effects ; Environmental Taxes and Subsidies ; O15 - Human Resources; Income Distribution; Migration ; O16 - Financial Markets; Saving and Capital Investment
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013244604