Leasing, Taxes, and the Cost of Capital.
A model of firm financial and investment behavior when there is a possibility of tax exhaustion is used to analyze the incentives for firms to act as lessees or lessors and the determination of the equilibrium rental rate in the leasing market. A number of results emerge that are relevant for public...
Hlavní autoři: | Edwards, J, Mayer, C |
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Médium: | Journal article |
Jazyk: | English |
Vydáno: |
1991
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