Debt policy, corporate taxes, and discount rates

DOI10.1016/J.JET.2007.09.009MaRDI QIDQ938064zbMATH OpenOpenAlexFDO

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

zbMATH Keywords

WACCdiscount ratecorporate taxtax shields

Mathematics Subject Classification ID

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Cites work

• scientific article; zbMATH DE number 6137478 (Why is no real title available?)
• Martingales and arbitrage in multiperiod securities markets
• The pricing of options and corporate liabilities

Cited in

(3)

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

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