Firm financing in Chile after the 2014-2015 tax reform: Debt of equality?
This paper analyzes the effects of the 2014-2015 Chilean tax reform on firms' valuation and incentives to retain earnings and finance their operations with equity versus debt. By analyzing the effects of the reform on total taxes paid and cash flows received by investors, the paper concludes th...
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Lenguaje: | English |
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ILADES. Universidad Alberto Hurtado.
2016
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Acceso en línea: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702016000200003 |
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