Schreiber, Ulrich; Overesch, Michael; Büttner, Thiess; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006
This paper analyzes the role of Thin-Capitalization rules for capital structure choice and investment decisions of multinationals. A theoretical analysis shows that the imposition of such rules tends to affect not only the leverage and the level of investment but also their tax-sensitivity. An...