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On the risk-neutral value of debt tax shields
16 references·2 citing·29 second hop
On the risk-neutral value of debt tax shields (2011)On the risk-neutral value of debt tax shi…Weighted average cost of capital in the theory of Modigliani–Miller, modified for a finite lifetime company (2011)Weighted average cost of capi…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…The value of tax shields IS equal to the present value of tax shields☆ (2006)The value of tax shields IS e…A Reconsideration of Tax Shield Valuation (2005)A Reconsideration of Tax Shie…The value of tax shields is NOT equal to the present value of tax shields (2004)The value of tax shields is N…The Value of Tax Shields is Not Equal to the Present Value of Tax Shields (2003)The Value of Tax Shields is N…Tax-Adjusted Discount Rates (1990)Tax-Adjusted Discount RatesCorporate Debt Management and the Value of the Firm (1986)Corporate Debt Management and…RISK‐ADJUSTED DISCOUNT RATES‐EXTENSIONS FROM THE AVERAGE‐RISK CASE (1985)RISK‐ADJUSTED DISCOUNT RATES‐…Reformulating Tax Shield Valuation: A Note (1985)Reformulating Tax Shield Valu…Martingales and stochastic integrals in the theory of continuous trading (1981)Martingales and stochastic in…The Weighted Average Cost of Capital, Perfect Capital Markets, and Project Life: A Clarification (1980)The Weighted Average Cost of …Martingales and arbitrage in multiperiod securities markets (1979)Martingales and arbitrage in …INTERACTIONS OF CORPORATE FINANCING AND INVESTMENT DECISIONS—IMPLICATIONS FOR CAPITAL BUDGETING (1974)INTERACTIONS OF CORPORATE FIN…CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)CORPORATE INCOME TAXES AND TH…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…Impact of Advance Payments of Tax on Profit on Effectiveness of Investments (2022)Impact of Advance Payments of…A GENERAL FREE CASH FLOW THEORY OF CAPITAL STRUCTURE (2014)A GENERAL FREE CASH FLOW THEO…The Pricing of Options and Corporate Liabilities (1973)Option pricing: A simplified approach (1979)Good News and Bad News: Representation Theorems and Applications (1981)Valuing American Options by Simulation: A Simple Least-Squares Approach (2001)THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS (1972)The Impact of Capital Structure Change on Firm Value: Some Estimates (1983)Consistent Valuation and Cost of Capital Expressions with Corporate and Personal Taxes (1991)Theory of Rational Option Pricing (1973)Bond Pricing and the Term Structure of Interest Rates: A New Methodology for Contingent Claims Valuation (1992)Modeling Term Structures of Defaultable Bonds (1999)Theory of rational option pricing (2005)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Law and Finance (1998)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Corporate Behavior in Adjusting to Capital Structure and Dividend Targets: An Econometric Study (1984)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Capital Structure as a Strategic Variable: Evidence from Collective Bargaining (2010)DEBT AND TAXES* (1977)Principles of Corporate Finance. (1981)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)The theory and practice of corporate finance: evidence from the field (2001)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Measuring investment distortions arising from stockholder–bondholder conflicts (1999)Capital Cash Flows: A Simple Approach to Valuing Risky Cash Flows (2002)Valuation Approaches and Metrics: A Survey of the Theory and Evidence (2007)Valuing companies by cash flow discounting: ten methods and nine theories (2007)
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References

  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1963CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION5,951 cited
  • 1979Martingales and arbitrage in multiperiod securities markets3,595 cited
  • 1981Martingales and stochastic integrals in the theory of continuous trading2,837 cited
  • 1974INTERACTIONS OF CORPORATE FINANCING AND INVESTMENT DECISIONS—IMPLICATIONS FOR CAPITAL BUDGETING755 cited
  • 1980The Weighted Average Cost of Capital, Perfect Capital Markets, and Project Life: A Clarification519 cited
  • 1985RISK‐ADJUSTED DISCOUNT RATES‐EXTENSIONS FROM THE AVERAGE‐RISK CASE262 cited
  • 1985Reformulating Tax Shield Valuation: A Note188 cited
  • 2004The value of tax shields is NOT equal to the present value of tax shields171 cited
  • 2011Weighted average cost of capital in the theory of Modigliani–Miller, modified for a finite lifetime company158 cited
  • 2006The value of tax shields IS equal to the present value of tax shields☆141 cited
  • 2005A Reconsideration of Tax Shield Valuation140 cited
  • 1990Tax-Adjusted Discount Rates101 cited
  • 1986Corporate Debt Management and the Value of the Firm

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79 cited
  • 2003The Value of Tax Shields is Not Equal to the Present Value of Tax Shields77 cited
  • Cited by

    • 2014A GENERAL FREE CASH FLOW THEORY OF CAPITAL STRUCTURE23 cited
    • 2022Impact of Advance Payments of Tax on Profit on Effectiveness of Investments21 cited