| 書目名稱 | Tax Avoidance and Capital Structure |
| 副標題 | Empirical Evidence o |
| 編輯 | Alessandro Gabrielli |
| 視頻video | http://file.papertrans.cn/901/900914/900914.mp4 |
| 概述 | Includes empirical research conducted on US public firms.Discusses the results in the context of the Agency Theory.Provides a comprehensive overview of the implications of tax avoidance for a firm’s c |
| 叢書名稱 | SIDREA Series in Accounting and Business Administration |
| 圖書封面 |  |
| 描述 | .This book provides a comprehensive overview of the implications of tax avoidance for a firm’s capital structure, highlighting the key role played by free cash flow and agency conflicts. First, the book provides an outline of the theories and empirical evidence concerning the role of taxes in the Theory of Capital Structure. It reviews the studies investigating the relationship between agency conflicts and capital structure. The book explores the role of free cash flow and agency conflicts in the relationship between tax avoidance and capital structure. In the final section, the results of an empirical investigation conducted on a sample of U.S. public firms are also presented. The empirical research examines whether and how tax avoidance is associated with debt covenant violation across the stages of the corporate life cycle. Specifically, the research uses the concept of the corporate life cycle stage to analyse whether and how the association between tax avoidance and debt covenant violation varies in different agency settings. Consistent with the hypotheses drawn on the Agency Theory, the findings of the empirical research suggest life cycle stages moderate the association betw |
| 出版日期 | Book 2023 |
| 關鍵詞 | Agency Theory; Capital Structure; Debt-Tax Avoidance; Taxes; Cash Flow; Cost of Debt; Corporate Finance; De |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-3-031-30980-9 |
| isbn_softcover | 978-3-031-30982-3 |
| isbn_ebook | 978-3-031-30980-9Series ISSN 2662-9879 Series E-ISSN 2662-9887 |
| issn_series | 2662-9879 |
| copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |
|Archiver|手機版|小黑屋|
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