Corporate financial policy and taxation:
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Aldershot u.a.
Dartmouth
1990
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | VII, 140 S. graph. Darst. |
| ISBN: | 1855210886 |
Staff View
MARC
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Record in the Search Index
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| adam_text | Contents
List of tables and figures vii
INTRODUCTION 1
1. AN OVERVIEW 16
1.1 Corporate financial policy under certainty 16
1.2 Corporate financial policy under uncertainty 23
1.2.1 Risk class models 23
1.2.2 State preference models 24
1.2.3 Mean variance models 28
1.2.4 The capital asset pricing model (CAPM)and the 31
arbitrage pricing theory (APT)
2. PERFECT CAPITAL MARKET: MODIGLIANI AND
MILLER S MODEL 35
3. IMPERFECT CAPITAL MARKET: CORPORATE
TAXATION 44
4. IMPERFECT CAPITAL MARKET: PERSONAL 64
TAXATION
4.1 Personal taxation and corporate financial structure 64
4.2 Personal taxation and dividend policy 78
4.2.1 Perfect capital market and certainty 78
v
4.2.2 Perfect capital market and uncertainty 81
4.2.3 Imperfect capital market: taxation 82
4.2.4 Imperfect capital market: asymmetric information 85
and financial signaling
4.2.5 Imperfect capital market: transaction costs 86
4.2.6 Imperfect capital market: institutional constraints 87
4.2.7 Principal agent theory, prospect theory, regret 88
theory and dividends
4.3 Personal taxation and the clientele effect 94
4.3.1 Leverage clientele versus equity clientele 94
4.3.2 Dividend clientele versus capital gains clientele 95
4.3.3 Taxation, inflation, bankruptcy and the clientele 98
effect
4.4 Personal taxation in an inflationary context: 101
the capital gains effect
5. IMPERFECT CAPITAL MARKET: TAXATION 106
AND INCOMPLETE MARKETS
6. A BRIDGE MODEL LINKING THE REAL SIDE 115
AND THE FINANCIAL SIDE
CONCLUSIONS 122
REFERENCES 125
AUTHOR INDEX 134
SUBJECT INDEX I37
vi
List of tables and figures
Table INT. 1: Debt/Equity ratios in U.S. manufacturing 2
Table INT.2: Top ten U.S. leveraged buyouts 5
Table INT.3: Taxation, gain from leverage, clientele l
Table INT.4: Corporate financial policy 75
Table 4.1: Modigliani Miller s story
14
Figure INT. 1 ]8
Figure 1.1 J9
Figure 1.2 21
Figure 1.3 30
Figure 1.4 37
Figure 2.1 40
Figure 2.2 4)
Figure 2.3 ,K
Figure 3.1 4S
Figure 3.2 52
Figure 3.3 ^
Figure 3.4 ^
Figure 3.5 ss
Figure 3.6 7^
Figure 4.1 76
Figure 4.2 91
Figure 4.3 100
Figure 4.4
vii
|
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| indexdate | 2024-07-09T15:50:04Z |
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| isbn | 1855210886 |
| language | English |
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| physical | VII, 140 S. graph. Darst. |
| publishDate | 1990 |
| publishDateSearch | 1990 |
| publishDateSort | 1990 |
| publisher | Dartmouth |
| record_format | marc |
| spelling | Fiocca, Mariateresa Verfasser aut Corporate financial policy and taxation Mariateresa Fiocca Aldershot u.a. Dartmouth 1990 VII, 140 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Steuer Corporations Finance Corporations Taxation Finanzplanung (DE-588)4017200-4 gnd rswk-swf Steuerrecht (DE-588)4116614-0 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf Finanzierung (DE-588)4017182-6 gnd rswk-swf Steuer (DE-588)4057399-0 gnd rswk-swf Finanzierung (DE-588)4017182-6 s Mathematisches Modell (DE-588)4114528-8 s DE-604 Finanzplanung (DE-588)4017200-4 s Steuerrecht (DE-588)4116614-0 s Steuer (DE-588)4057399-0 s DE-188 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=001796158&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Fiocca, Mariateresa Corporate financial policy and taxation Steuer Corporations Finance Corporations Taxation Finanzplanung (DE-588)4017200-4 gnd Steuerrecht (DE-588)4116614-0 gnd Mathematisches Modell (DE-588)4114528-8 gnd Finanzierung (DE-588)4017182-6 gnd Steuer (DE-588)4057399-0 gnd |
| subject_GND | (DE-588)4017200-4 (DE-588)4116614-0 (DE-588)4114528-8 (DE-588)4017182-6 (DE-588)4057399-0 |
| title | Corporate financial policy and taxation |
| title_auth | Corporate financial policy and taxation |
| title_exact_search | Corporate financial policy and taxation |
| title_full | Corporate financial policy and taxation Mariateresa Fiocca |
| title_fullStr | Corporate financial policy and taxation Mariateresa Fiocca |
| title_full_unstemmed | Corporate financial policy and taxation Mariateresa Fiocca |
| title_short | Corporate financial policy and taxation |
| title_sort | corporate financial policy and taxation |
| topic | Steuer Corporations Finance Corporations Taxation Finanzplanung (DE-588)4017200-4 gnd Steuerrecht (DE-588)4116614-0 gnd Mathematisches Modell (DE-588)4114528-8 gnd Finanzierung (DE-588)4017182-6 gnd Steuer (DE-588)4057399-0 gnd |
| topic_facet | Steuer Corporations Finance Corporations Taxation Finanzplanung Steuerrecht Mathematisches Modell Finanzierung |
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