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FEEM Working Papers, Fondazione Eni Enrico Mattei >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/43566
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Fedele, Alessandro | | en_US |
| dc.contributor.author | | Panteghini, Paolo M. | | en_US |
| dc.contributor.author | | Vergalli, Sergio | | en_US |
| dc.date.accessioned | | 2010-11-24 | | en_US |
| dc.date.accessioned | | 2010-12-22T10:44:13Z | | - |
| dc.date.available | | 2010-12-22T10:44:13Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/43566 | | - |
| dc.description.abstract | | In this paper we apply a real-option model to study the effects of tax rate uncertainty on a firm's decisions. In doing so, we depart from the relevant literature, which focuses on fully equity-financed investment projects. By letting a representative firm borrow optimally, we show that debt finance not only encourages investment activities but can also substantially mitigate the effect of tax rate uncertainty on investment timing. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Fondazione Eni Enrico Mattei Milano | | en_US |
| dc.relation.ispartofseries | | Nota di lavoro // Fondazione Eni Enrico Mattei: Institutions and markets 2010,68 | | en_US |
| dc.subject.jel | | H2 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Capital Levy | | en_US |
| dc.subject.keyword | | Corporate Taxation | | en_US |
| dc.subject.keyword | | Default Risk | | en_US |
| dc.subject.keyword | | Real Options | | en_US |
| dc.title | | Optimal investment and financial strategies under tax rate uncertainty | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 640487181 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | FEEM Working Papers, Fondazione Eni Enrico Mattei
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