interest owed to foreign affiliates would not only affect multinationals' capital structure choice but also investment. An …-capitalization rules on capital structure choice and investment in the OECD and some further European countries in the time period between … loans. However, investment is found to be adversely affected. …

This paper analyzes the role of Thin-Capitalization rules for capital structure choice and investment decisions of … investment but also their tax-sensitivity. An empirical investigation of leverage and investment reported for affiliates of …. While Thin-Capitalization rules are found to be effective in restricting debt finance, investment is found to be more …

This paper analyzes the role of Thin-Capitalization rules for capital structure choice and investment decisions of … investment but also their tax-sensitivity. An empirical investigation of leverage and investment reported for affiliates of …. While Thin-Capitalization rules are found to be effective in restricting debt finance, investment is found to be more …

' capital structure, investment and profitability. The identification of the causal effects is based on the escape clauses in … base. In general, in the short term, no negative investment effects are caused by the TCR. This suggests that a part of the …, investment might also be fixed in the short-run for example due to long-lasting contracts. -- Thin capitalization ; earnings …