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...
| Auteurs principaux: | , |
|---|---|
| Format: | Journal article |
| Langue: | English |
| Publié: |
1991
|