Capital Structure and International Debt Shifting /

This paper presents a model of a multinational firm's optimal debt policy that incorporates international taxation factors. The model yields the prediction that a multinational firm's indebtedness in a country depends on a weighted average of national tax rates and differences between nati...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Laeven, Luc
Övriga upphovsmän: Huizinga, Harry, Nicodeme, Gaetan
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2007.
Serie:IMF Working Papers; Working Paper ; No. 2007/039
Länkar:Full text available on IMF