a positive answer to this question by finding that among illiquid exporters leverage is negatively correlated with the … practice in the trade literature. We argue that the negative impact of leverage on quality is consistent with theoretical …

lessons that Fortin draws from the Irish economic miracle are: support free trade and investment; develop business …

, total imports, terms of trade, trade openness and investment. The results indicate the strong correlation between trade …

and its gradual implementation, the ACE relief is estimated to reduce significantly leverage. By decreasing default risk …

its gradual implementation, the ACE relief is estimated to reduce significantly leverage. By decreasing default risk it is …

a dataset of corporate income tax (CIT) reforms and estimate the effect of tax rate changes on leverage, dividend … years after the reform. Leverage increases with the CIT rate. The reason is that the statutory CIT rate determines the value …

We evaluate the relation between firm leverage and taxation of corporate income using a dataset of mostly unlisted … regressors. We also apply quantile regressions to evaluate a possible differential impact of taxation on leverage across firms …. Our results suggest that corporate income taxation is positively related to leverage and explains part of the cross …

, liquidity, and profitability have significant influences on the leverage structure chosen by firms. These results are believed …