Research in finance. Vol. 20

• Other Authors: Chen, Andrew H.
• Format: Electronic eBook
• Language: English
• Published: Bingley, U.K. : Emerald, 2003.
• Series: Research in finance,
• Subjects: Finance > Research.; Banks and banking.; elektronické knihy; electronic books
• ISBN: 9781849502511
• ISSN: 0196-3821
• DOI: 10.1016/S0196-3821(2003)20
• Physical Description: 1 online resource (viii, 247 p.).

Eleven papers in this volume present some current interesting and important research in finance. Based upon the CAPM, Chen and Kane show that double taxation and differential tax rates on a personal and capital-gains income, affect corporate stock values and financial policies in nonneutral ways. Se...