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Farley Grubb has developed an ambitious new money-stock time series for colonial Pennsylvania that uses the ingenious method of examining newspaper advertisements promising rewards (e.g., for help in catching runaway slaves) to estimate monies in circulation (Grubb 2004). Grubb asserts that...
Persistent link: https://www.econbiz.de/10008484406
We examine whether Delaware serves as a domestic tax haven. We find that taxes play an important role in determining … whether U.S. firms locate subsidiaries in Delaware and that these tax factors are economically important when compared to the … Delaware–based state tax avoidance strategy have state effective tax rates that range between 0.7 and 1.1 percentage points …
Persistent link: https://www.econbiz.de/10010925687
Les territoires sont aussi des lieux où se confrontent des points de vue, s'élaborent des stratégies, se nouent des jeux d'acteurs spécifiques, à défaut d'être toujours innovants ou efficients. Ici, l'action prédomine et la notion d'engagement prend tout son sens. Car tout territoire...
Persistent link: https://www.econbiz.de/10010898970
home-state advantage. Finally, we find that Delaware's dominance is greater than has been recognized and can be expected to …
Persistent link: https://www.econbiz.de/10005123946
The Shellpot Bridge is a 536-foot swing bridge located on a rail freight bypass route around Wilmington, Delaware. When … State of Delaware reached agreement with the new rail owner, Norfolk Southern Corporation, to provide funds to repair the … that, if traffic continues at its current level, Delaware will realize an annual return of 9.75% on its investment. …
Persistent link: https://www.econbiz.de/10005490011
over another when a choice is available. We focus in particular on the Delaware court, which became the most popular venue … reorganize marginal firms and in reorganizing such firms faster. Delaware is similar to other high-experience courts in terms of … that a Delaware bankruptcy requires approximately 40% less time to complete than an equivalent case in another court. …
Persistent link: https://www.econbiz.de/10005752651
We examine whether Delaware is a domestic tax haven. We find that taxes play an economically important role in … determining whether U.S. firms locate subsidiaries in Delaware and that a Delaware-based state tax avoidance strategy lowers state … Delaware tax strategies are diminishing over time in response to initiatives by state governments to limit multistate tax …
Persistent link: https://www.econbiz.de/10010665559
shock that affected compensation levels at other firms in the economy. We first show that Delaware-incorporated firms with … staggered boards and no outside blockholders increased CEO compensation following the mid-1990s Delaware legal cases that … strengthened their ability to resist hostile takeovers. Consistent with the Gabaix and Landier (2008) contagion hypothesis, non-Delaware …
Persistent link: https://www.econbiz.de/10010616819
away from the companies subject to their jurisdiction. In particular, Delaware law governs most publicly traded firms in … the U.S., and is now extending its reach to encompass corporations headquartered around the globe. But Delaware courts are … located only in Delaware. Consequently, there is a large and growing disparity between the geographic area where Delaware law …
Persistent link: https://www.econbiz.de/10008852927
program is primarily focused on promoting awareness of the dangers of second-hand smoke and the availability of the Delaware …
Persistent link: https://www.econbiz.de/10011131340