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, in particular, long-term debt. An active, though not necessarily large, stock market and a large banking sector are also …
Persistent link: https://www.econbiz.de/10014048292
Persistent link: https://www.econbiz.de/10010343061
In an approach analogous to Rajan and Zingales (1998), we examine how the ability to access long-term debt affects firm …
Persistent link: https://www.econbiz.de/10013000820
affiliate's debt to assets ratio by 0.8%, which shows that rules targeting internal leverage have an indirect effect on the …This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital … countries for the period 1982-2004. Using confidential data on the internal and total leverage of foreign affiliates of US …
Persistent link: https://www.econbiz.de/10010256736
affiliate’s debt to assets ratio by 0.8%, which shows that rules targeting internal leverage have an indirect effect on the …This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital … countries for the period 1982-2004. Using confidential data on the internal and total leverage of foreign affiliates of US …
Persistent link: https://www.econbiz.de/10010352370
and their interactions with the tax rate reflecting the tax deductibility of interest. We identify an effect of bank … regulation on leverage by considering establishments of the same multinational firm located in different countries. Our results … indicate that greater capital stringency and greater supervisory power affect negatively firm leverage, while restrictions on …
Persistent link: https://www.econbiz.de/10012899130
affiliate's debt to assets ratio by 0.8%, which shows that rules targeting internal leverage have an indirect effect on the …This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital … countries for the period 1982-2004. Using confidential data on the internal and total leverage of foreign affiliates of US …
Persistent link: https://www.econbiz.de/10013055986
affiliate's debt-to-assets ratio by 0.8%, which shows that rules targeting internal leverage have an indirect effect on the …This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital … countries for the period 1982-2004. Using confidential data on the internal and total leverage of foreign affiliates of US …
Persistent link: https://www.econbiz.de/10013058436
affiliate's debt to assets ratio by 0.8%, which shows that rules targeting internal leverage have an indirect effect on the …This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital … countries for the period 1982-2004. Using confidential data on the internal and total leverage of foreign affiliates of US …
Persistent link: https://www.econbiz.de/10013060793
affiliate’s debt to assets ratio by 0.8%, which shows that rules targeting internal leverage have an indirect effect on the …This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital … countries for the period 1982-2004. Using confidential data on the internal and total leverage of foreign affiliates of US …
Persistent link: https://www.econbiz.de/10010877952