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: | , |
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| Formato: | Journal article |
| Idioma: | English |
| Publicado: |
1991
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