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Taxation and Corporation Finance

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NBER1980-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0576
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This paper analyzes the effects of the federal tax structure on corporate financial and investment behavior. We first develop a model of corporate behavior given taxes, taking into account both uncertainty and costs of bankruptcy. Simpler models abstracting from bankruptcy costs had clear
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1980-11-01
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