Effects of taxes on the after-tax cost of capital: A simulation approach for multi-period models

According to Lund (2011), when depreciation deductions are taken into account, the after-tax cost of capital depends on the specific taxation rules. The commonly used WACC method fails to recognize the effects of taxation on the risk sharing pattern between the firm and the tax authority and thus is...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Lu, Zongwei
Format:	Dissertation
Sprache:	eng
Online-Zugang:	Volltext bestellen
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!