finance. Various leverage measures are studied to check for the robustness of the estimated model. Total debt is then …This thesis analyses the impact of tax policy on firms' leverage ratios in a balanced panel of 129 medium-sized listed … companies from II European countries from 1993 to 2005. A general model of company leverage is applied within which King's tax …

streams. The second study explores the impact of contactless payment on cash usage in terms of value spending and transaction … reduction in average cash usage at the POS in terms of value and volume. The negative effect of contactless credit and debit … cards on cash volume is 5% and 6%, respectively. The negative impact of contactless credit cards on cash value is estimated …