Pfaffermayr, Michael; Stoeckl, Matthias; Winner, Hannes - Fachbereich Sozial- und Wirtschaftswissenschaften, … - 2009
This paper analyzes the relationship between corporate taxation, firm age and debt. We adapt a standard model of … capital structure choice under corporate taxation, focusing on the financing and investment decisions a firm is typically … model, we and a positive interaction between corporate taxation and firm age, indicating that the impact of corporate …