Farber, André; Szafarz, Ariane; Gillet, Roland - Centre Emile Bernheim, Solvay Brussels School of … - 2007
Farber, Gillet and Szafarz (2006) propose a general formula for the WACC in which the expected return on the tax shield … derived from the general formula after having determined the corresponding tax shield expected returns. Replying to Fernandez …