Debt and creative destruction : why could subsidizing corporate debt be optimal?
Year of publication: |
February 2016
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Authors: | He, Zhiguo ; Matvos, Gregor |
Published in: |
Management science : journal of the Institute for Operations Research and the Management Sciences. - Catonsville, MD : INFORMS, ISSN 0025-1909, ZDB-ID 206345-1. - Vol. 62.2016, 2, p. 303-325
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Subject: | war of attrition with asymmetric information | externality | endogenous types | debt tax shield | capital structure | tax policy | Kapitalstruktur | Capital structure | Theorie | Theory | Asymmetrische Information | Asymmetric information | Fremdkapital | Debt financing | Verbindlichkeiten | Corporate debt | Externer Effekt | Externalities | Steuervergünstigung | Tax incentive | Unternehmensfinanzierung | Corporate finance | Wohlfahrtsanalyse | Welfare analysis | Steuerpolitik | Tax policy |
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