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...

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Egile Nagusiak: Edwards, J, Mayer, C
Formatua: Journal article
Hizkuntza:English
Argitaratua: 1991

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