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...
Main Authors: | Edwards, J, Mayer, C |
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Format: | Journal article |
Sprog: | English |
Udgivet: |
1991
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Lignende værker
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