Debt, Taxes and Corporate Restructuring - Couverture souple

Couverture souple

ISBN 10 : 081577883X ISBN 13 : 9780815778837

Editeur : Brookings Institution Press, 1990

Synopsis

The boom in corporate restructuring, accompanied by large increases in debt finance, was one of the most important developments in the U.S. economy in the 1980s. Financial and tax specialists analyze how the U.S. tax system-especially in its bias toward debt financing-has affected corporate financial decisions and influenced the recent wave of corporate restructuring.
The authors evaluate the hypothesis that the rise in the cost of capital during the 1980s helped stimulate the surge in corporate takeovers. They analyze the effect that changes in tax laws and in the volume of government debt have had on corporate financial decisions. The authors examine how recent financial innovations have blurred the distinction between debt and equity finance.

A propos du livre

À propos de l'auteur

John B. Shoven is the Charles R. Schwab Professor of Economics at Stanford University. Joel Waldfogel is assistant professor of economics at Stanford University.

Détails de l'édition

• Éditeur: Brookings Institution Press
• Date d'édition: 1990
• Langue: anglais
• ISBN 10: 081577883X
• ISBN 13: 9780815778837
• Reliure: Broché
• Nombre de pages: 223
• Éditeur: Shoven John B.
• Coordonnées du fabricant: non disponible
• Personne responsable: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Allemagne