Feld, Lars P.; Heckemeyer, Jost Henrich; Overesch, Michael - 2011
This paper provides a quantitative review of the empirical literature on the tax impact on corporate debt financing … in estimates for the debt response to tax. Moreover, debt characteristics, econometric specifications, and the set of … marginal tax effect on the debt ratio of 0.3. -- capital structure ; corporate income tax ; meta-analysis …