Corporate Financial Policy And Taxation.

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Fiocca, Maria Teresa

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pvp.88,95 €

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ISBN:9781855210882
Editorial: Dartmouth Publishing Group
Fecha de la edición:1990
Número de la edición: 0
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Dimensiones: 0 cm x 0 cm
Nº Pág.:160
Idiomas:Ingles

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/ Hacienda Pública-Sistemas Fiscales

In this book the author, after providing a brief description of the Modigliani and Miller models, analyses the impact of innvestment decisions when these assumptions are relaxed. She then goes on to examine the impact of taxation on investment decisions and the simultaneous effects of taxation on the financial and real structure of the firm.

Introduction; An overview; Perfect capital market. Modigliani and Miller`s Model; Imprefection capital market. Corporate taxation; Imperfect capital market. Personal taxation; imperfect capital market. Taxation and incomplete markets; A bridge model linking the real side and the financial side.