-tax country induces bunching. Such bunching promotes investment incentives in the low-tax as well as the high-tax country. In … investment incentives and transfer pricing induces inefficiently low taxes. … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit …

. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behavior and job specific investment in organizations. …

There is a lack of clear evidence of the ways in which dividend taxation affects dividend distributions and investment … old view of dividend taxation. -- corporate income taxation ; dividends ; investment ; tax reform …

In the absence of financing frictions, profit taxes reduce investment by their effect on the user cost of capital. With … finance constraints due to moral hazard, investment becomes sensitive to cash-flow and own equity of firms. We propose a … corporate finance model of investment and derive three central results: (i) Even small taxes impose first order welfare losses …

multinational enterprise regarding the cross border distribution of its investment and the choice of its financing behavior. We …