| Description |
1 online resource (x, 232 pages) |
| Contents |
Basic issues: The real option approach -- The entrepreneurial decision -- The choice of the organizational form -- The tax treatment of debt financing -- Foreign Direct Investment and tax avoidance -- Policy issues: Corporate tax base options -- Broad or narrow bases?- Risk-adjusted or risk-free imputation rate?- Full loss offset or no-loss offset?- R-based or S-based taxation?- Conclusions and topics for future research |
| Summary |
"This book analyzes the economic principles of modern corporate taxation. With respect to the existing products it represents a novelty in at least two respects. First of all, it analyzes not only the effects of taxation on firms' marginal choices, but also focuses on the impact of taxation on discrete choices, such as plant location, R & D investment, and new marketing programs. The second novelty is represented by the application of option pricing techniques to corporate taxation. To give an idea of the importance of options it is sufficient to say that managers are aware that new business programs are an opportunity and not an obligation. This means that they behave as if they owned option-rights. Due to the partial irreversibility of their choices, they know that the exercise of such options reduces their business flexibility."--Jacket |
| Analysis |
economie |
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economics |
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bedrijfswetenschap |
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management science |
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belastingen |
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taxes |
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public finance |
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Management studies, Business Administration, Organizational Science (General) |
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Economics (General) |
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Management, bedrijfskunde, organisatiekunde (algemeen) |
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Economie (algemeen) |
| Bibliography |
Includes bibliographical references (pages 205-225) and index |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
Print version record |
|
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
| In |
Springer e-books |
| Subject |
Corporations -- Taxation.
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Tax planning.
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Fiscal policy.
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BUSINESS & ECONOMICS -- Taxation -- Small Business.
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BUSINESS & ECONOMICS -- Taxation -- Corporate.
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Tax planning.
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Fiscal policy.
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Sociétés -- Impôts.
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Politique fiscale.
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Planification fiscale.
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Corporations -- Taxation.
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Affaires.
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Science économique.
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Economie de l'entreprise.
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Corporations -- Taxation
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Fiscal policy
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Tax planning
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Entscheidung bei Unsicherheit
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Realoption
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Unternehmen
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Steuerrecht
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Steuerwirkung
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| Form |
Electronic book
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| ISBN |
9783540714064 |
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3540714065 |
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3540714057 |
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9783540714057 |
|
