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Taxation and capital structure choice—Evidence from a panel of German multinationals
16 references·16 citing·30 second hopsampled
Taxation and capital structure choice—Evidence from a panel of German multinationals (2009)Taxation and capital structure choice—Evi…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…MODIGLIANI, F.; MILLER, M.H. 1958. The Cost of Capital, Corporation Finance and the Theory of Investment. American Economic Review , 48 (3):261-297. (2008)MODIGLIANI, F.; MILLER, M.H. …A Multinational Perspective on Capital Structure Choice and Internal Capital Markets (2004)A Multinational Perspective o…Taxes and Corporate Finance: A Review (2003)Taxes and Corporate Finance: …Income shifting, investment, and tax competition: theory and evidence from provincial taxation in Canada (2003)Income shifting, investment, …Repatriation taxes, repatriation strategies and multinational financial policy (2002)Repatriation taxes, repatriat…Taxation and Corporate Financial Policy (2001)Taxation and Corporate Financ…Capital Structure (2001)Capital StructureA Symposium on the North American Economy (2001)A Symposium on the North Amer…Timing, investment opportunities, managerial discretion, and the security issue decision (1996)Timing, investment opportunit…Fiscal Paradise: Foreign Tax Havens and American Business (1994)Fiscal Paradise: Foreign Tax …Do Taxes Affect Corporate Financing Decisions? (1990)Do Taxes Affect Corporate Fin…Determinants of corporate borrowing (1977)Determinants of corporate bor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…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…The tax-efficient use of debt in multinational corporations (2021)The tax-efficient use of debt…Estimating Bargaining-Related Tax Advantages of Multinational Firms (2018)Estimating Bargaining-Related…Why countries differ in thin capitalization rules: The role of financial development (2016)Why countries differ in thin …Tax attractiveness and the location of German-controlled subsidiaries (2016)Tax attractiveness and the lo…Restricted interest deductibility and multinationals’ use of internal debt finance (2015)Restricted interest deductibi…Debt Shifting and Thin-Capitalization Rules – German Experience and Alternative Approaches (2015)Debt Shifting and Thin-Capita…Corporate Taxes and Internal Borrowing within Multinational Firms (2014)Corporate Taxes and Internal …The Impact of Thin‐Capitalization Rules on External Debt Usage – A Propensity Score Matching Approach (2013)The Impact of Thin‐Capitaliza…Sorting into outsourcing: Are profits taxed at a gorilla's arm's length? (2013)Sorting into outsourcing: Are…Measuring Tax Attractiveness Across Countries (2013)Measuring Tax Attractiveness …Bilateral internal debt financing and tax planning of multinational firms (2013)Bilateral internal debt finan…Debt shifting and ownership structure (2012)Debt shifting and ownership s…Capital Structure Choice and Company Taxation: A Meta-Study (2012)Capital Structure Choice and …The Tax Elasticity of Corporate Debt: A Synthesis of Size and Variations (2011)The Tax Elasticity of Corpora…Statutory Corporate Tax Rates and Double-Taxation Treaties as Determinants of Multinational Firm Activity (2011)Statutory Corporate Tax Rates…Interactions between Free Cash Flow, Debt Policy and Structure of Governance: Three Stage Least Square Simultaneous Model Approach (2011)Interactions between Free Cas…Dividend Policy, Growth, and the Valuation of Shares (1961)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Investor Psychology and Security Market Under‐ and Overreactions (1998)Chapter 18 A survey of behavioral finance (2003)The choice among bank debt, non-bank private debt, and public debt: evidence from new corporate borrowings (2003)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Legal Determinants of External Finance (1997)Law and Finance (1998)Why do firms hold so much cash? A tax-based explanation (2007)Perspectives on China's outward foreign direct investment (2008)Bank Liquidity Creation (2009)Capital structure and firm performance: A new approach to testing agency theory and an application to the banking industry (2005)Entrepreneurship and Economic Growth (2006)An International Comparison of Capital Structure and Debt Maturity Choices (2010)American Economic Review (2019)The theory and practice of corporate finance: evidence from the field (2001)Taxes, Financing Decisions, and Firm Value (1998)Capital structure choice: macroeconomic conditions and financial constraints (2003)Auditor choice and the cost of debt capital for newly public firms (2004)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Do countries compete over corporate tax rates? (2007)Theft and taxes☆ (2007)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 1977Determinants of corporate borrowing13,160 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
  • 2001Capital Structure1,409 cited
  • 1994Fiscal Paradise: Foreign Tax Havens and American Business1,210 cited
  • 1990Do Taxes Affect Corporate Financing Decisions?1,156 cited
  • 1996Timing, investment opportunities, managerial discretion, and the security issue decision926 cited
  • 2004A Multinational Perspective on Capital Structure Choice and Internal Capital Markets881 cited
  • 2008MODIGLIANI, F.; MILLER, M.H. 1958. The Cost of Capital, Corporation Finance and the Theory of Investment. American Economic Review , 48 (3):261-297.878 cited
  • 2003Taxes and Corporate Finance: A Review786 cited
  • 2003Income shifting, investment, and tax competition: theory and evidence from provincial taxation in Canada331 cited
  • 2001Taxation and Corporate Financial Policy312 cited
  • 2002Repatriation taxes, repatriation strategies and multinational financial policy

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297 cited
  • 2001A Symposium on the North American Economy253 cited
  • Cited by

    • 2013The Impact of Thin‐Capitalization Rules on External Debt Usage – A Propensity Score Matching Approach86 cited
    • 2012Capital Structure Choice and Company Taxation: A Meta-Study79 cited
    • 2013Sorting into outsourcing: Are profits taxed at a gorilla's arm's length?54 cited
    • 2014Corporate Taxes and Internal Borrowing within Multinational Firms49 cited
    • 2012Debt shifting and ownership structure47 cited
    • 2015Debt Shifting and Thin-Capitalization Rules – German Experience and Alternative Approaches43 cited
    • 2011Statutory Corporate Tax Rates and Double-Taxation Treaties as Determinants of Multinational Firm Activity39 cited
    • 2011The Tax Elasticity of Corporate Debt: A Synthesis of Size and Variations38 cited
    • 2016Why countries differ in thin capitalization rules: The role of financial development35 cited
    • 2013Bilateral internal debt financing and tax planning of multinational firms31 cited
    • 2018Estimating Bargaining-Related Tax Advantages of Multinational Firms30 cited
    • 2021The tax-efficient use of debt in multinational corporations26 cited
    • 2016Tax attractiveness and the location of German-controlled subsidiaries24 cited
    • 2013Measuring Tax Attractiveness Across Countries24 cited
    • 2015Restricted interest deductibility and multinationals’ use of internal debt finance23 cited
    • 2011Interactions between Free Cash Flow, Debt Policy and Structure of Governance: Three Stage Least Square Simultaneous Model Approach22 cited