Showing 1 - 10 of 98
The influence of capital gains taxes on investment decisions is a central issue of accounting and public finance research. However, the implications of capital gains taxes on investors' willingness to invest in irreversible projects with entry and exit flexibility have not yet been a focal...
Persistent link: https://www.econbiz.de/10003888501
Der vorliegende Beitrag untersucht den Ein?uss der Besteuerung auf die Bereitschaft von Investoren, riskante und irreversible Investitionen durchzuführen. Als Erweiterung der vorliegenden Literatur wird ein einfaches Ertragsteuersystem in ein realoptionsbasiertes Modell irreversibler...
Persistent link: https://www.econbiz.de/10003872119
Persistent link: https://www.econbiz.de/10009759174
Persistent link: https://www.econbiz.de/10002537500
Persistent link: https://www.econbiz.de/10002095773
This article deals with the integration of taxes into real option-based investment models under risk neutrality and risk averison. It compares the possible approaches dynamic programming and contingent claims analysis to analyze their effects on the optimal investment rules before and after...
Persistent link: https://www.econbiz.de/10001666112
Persistent link: https://www.econbiz.de/10001666814
Persistent link: https://www.econbiz.de/10001381923
Persistent link: https://www.econbiz.de/10013385381