Showing 1 - 10 of 682
Persistent link: https://www.econbiz.de/10009501981
Persistent link: https://www.econbiz.de/10009667102
Persistent link: https://www.econbiz.de/10011441458
Persistent link: https://www.econbiz.de/10011791729
Persistent link: https://www.econbiz.de/10013402075
Persistent link: https://www.econbiz.de/10013373059
Persistent link: https://www.econbiz.de/10015047734
In this paper we apply a real-option model to study the effects of tax rate uncertainty on a firm's decisions. In doing so, we depart from the relevant literature, which focuses on fully equity-financed investment projects. By letting a representative firm borrow optimally, we show that debt...
Persistent link: https://www.econbiz.de/10008729101
Persistent link: https://www.econbiz.de/10001453254
Persistent link: https://www.econbiz.de/10012061777