Capital Structure And International Debt Shifting
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| Google books | books.google.com |
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| Originally published | 1981 |
| Authors | Luc Laeven |
| Harry Huizinga | |
| Gaetan Nicodeme | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1443391 |
About Capital Structure And International Debt Shifting
This paper presents a model of a multinational firm''s optimal debt policy that incorporates international taxation factors. The model yields the prediction that a multinational firm''s indebtedness in a country depends on a weighted average of national tax rates and differences between national and foreign tax rates. . . .