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Persistent link: https://www.econbiz.de/10011782519
France and Great-Britain have mostly been defined by social scientists as well as by policy makers as opposite models … (Mire/Drees), it compares the processes by which religion is starting to be ethnicized and/or racialized in Britain and … France. The role of law in the regulation of European religious diversity will in particular be emphasised to explain the …
Persistent link: https://www.econbiz.de/10014205397
This paper aims to examine whether effective tax rate and firm-specific factors (such as firm size, growth opportunities, tangibility, risk, profitability, non-debt tax shields and liquidity) impact the capital structure of multinational firms in the energy sector. We employ regression models...
Persistent link: https://www.econbiz.de/10012820677
Persistent link: https://www.econbiz.de/10012163335
We hypothesize that if the cultural characteristics of a region are important, then firms located in Protestant- and Catholic-majority counties within the U.S. will have different attitude toward leverage. We find that a 1% increase in a county's Protestant religiosity leads to a 0.4% lower...
Persistent link: https://www.econbiz.de/10010753098
The empirical impact of religiosity on leverage is unclear. I provide causal evidence that this unclarity is due to lack of control for the concentration of religions with different views on the usage of corporate debt in previous studies. Utilizing a worldwide sample, I identify and verify the...
Persistent link: https://www.econbiz.de/10012839702