debt on leverage decisions of Indian firms. After including personal taxes, marginal taxes become insignificant. The study …The study investigates the role of personal taxes in corporate financing decisions and its impact on the corporate tax … advantage of debt in domestic manufacturing companies in India. Incremental financing decisions have been analyzed through …

structure and leverage. It therefore takes into consideration the existence of any significant differences between the leverage … structure than those of non-family owned businesses. This indicates that most family firms use less debt financing than non …-family firms, and as such maintain a lower level of debt. Secondly, family firms demonstrate lower risk as illustrated by the …

) which factors - country- or firm-specific - are more relevant in explaining leverage in Poland, (2) which theory - trade … itself mainly in gradual increase in debt ratios with a dominant role of short-term debt, along with the decrease in the … importance of country-specific factors (especially in large-sized, listed firms). The signs of the associations between leverage …

structure and leverage. It therefore takes into consideration the existence of any significant differences between the leverage … structure than those of non-family owned businesses. This indicates that most family firms use less debt financing than non …-family firms, and as such maintain a lower level of debt. Secondly, family firms demonstrate lower risk as illustrated by the …

by curbing risk-taking incentives, the higher the leverage the bank is permitted to take on. Consequently, the risk …

in a firm's leverage decision during economic uncertainty and recommends increasing debt financing to incentivize value … corporate leverage relationship. Using stepwise regression analysis and annual firm-level data of 2,534 U.S. firms listed at … NYSE over 1995-2018, we provide novel evidence that cash holdings significantly and partially mediate the EPU-leverage …

to this decision is both tax advantaged debt (a source of firm franchise value) and the ability of regulators to place …This paper studies the impact of capital requirements, deposit insurance and tax benefits on a bank's capital structure … structure of the large mortgage Government Sponsored Enterprises and the recent increase in risk taking through leverage by …

We contribute to the empirical literature on the debt bias of corporate income taxation through a micro …-econometric evaluation of the so-called ACE corporate tax reform in Belgium based on firm-level accounting data. We interpret the tax reform … that came into effect in January 2006 as an economic quasi experiment. We identify its causal impact on the leverage ratio …

Debt-ridden corporate growth and increased vulnerability was one of the causes of the 1997 financial crisis in Korea … even when we control for the leverage regulation effect (ii) enhanced compliance with leverage regulation and thus reduce …