Debt policy, corporate taxes, and discount rates

DOI10.1016/J.JET.2007.09.009zbMATH Open1140.91419OpenAlexW3123982288MaRDI QIDQ938064FDOQ938064

Authors: Mark Grinblatt, Jun Liu 

Publication date: 18 August 2008

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://www.nber.org/papers/w9353.pdf

Recommendations

• VALUATION, TAX SHIELDS AND THE COST-OF-CAPITAL WITH PERSONAL TAXES: A FRAMEWORK FOR INCORPORATING TAXES
• A note on the valuation of risky corporate bonds
• Capital taxation and government debt policy with public discounting
• Capital budgeting, investment project valuation and financing mix: methodological proposals.
• scientific article; zbMATH DE number 1107362

zbMATH Keywords

WACCdiscount ratecorporate taxtax shields

Mathematics Subject Classification ID

Cites Work

• The pricing of options and corporate liabilities
• Martingales and arbitrage in multiperiod securities markets
• Title not available (Why is that?)

Cited In (3)

• Capital budgeting, investment project valuation and financing mix: methodological proposals.
• Corporate finance, monetary policy, and aggregate demand
• VALUATION, TAX SHIELDS AND THE COST-OF-CAPITAL WITH PERSONAL TAXES: A FRAMEWORK FOR INCORPORATING TAXES

This page was built for publication: Debt policy, corporate taxes, and discount rates

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q938064)