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The influence of firms' financial policy on tax reform

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dc.contributor.authorJohn P. Hutton
dc.contributor.authorTuralay Kenc
dc.contributor.authorKenc, Turalay
dc.date.accessioned2022-05-29T06:28:10Z
dc.date.available2022-05-29T06:28:10Z
dc.date.issued1998
dc.description.abstractThe effectiveness of proposed reforms to the tax system intended to stimulate investment depends on how capital structure affects corporate behaviour. A dynamic general equilibrium model, calibrated for the UK, is used to investigate the difference between three models of financial structure, including one of endogenous structure motivated by agency theory. It is shown that the difference in predicted effects can be significant, and that the impact of the reform on the marginal source of funds is crucial.en_US
dc.identifier.citationHutton, J. P. & Kenc, T. (1998). The influence of firms' financial policy on tax reform. Oxford Economic Papers, 50 (4), pp. 663-684.en_US
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/3581
dc.languageEnglish
dc.language.isoengen_US
dc.publisherOxford University Pressen_US
dc.rights1998. Oxford University Press
dc.sourceSEDONA
dc.subjectTax reformen_US
dc.subjectInvestmenten_US
dc.subjectCapitalen_US
dc.titleThe influence of firms' financial policy on tax reformen_US
dc.typeJournal Articleen_US
dlc.maintopicConventional financeen_US
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicConventional financeen_US
relation.isAuthorOfPublication7bdf745e-8829-456f-9e4f-fcc43b78d818
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