Advances in Quantitative Analysis of Finance and Accounting, Volume 5 (Advances in Quantitative Analysis of Finance and Accounting)
Publisher: JAI Press
Published: June 1, 1997
Language: eng
Format: Hardcover
Number of pages: 238
ISBN-13: 9780762301973
Subjects: Financial accounting; Management - General; Econometrics; Business & Economics; Business / Economics / Finance; Business/Economics; Finance; General; Business & Economics / Econometrics; Business & Economics / Finance; Business & Economics : Finance; Social Science : General
First sentence: Miller (1977) shows how the corporate tax shield and the personal tax penalty on interest income combined to determine the optimal aggregate debt level for an economy.