Capital Structure from the Multinational Perspective
A Multinational Perspective on Capital Structure Choice and Internal Capital Markets
... with multinational parent companies face significantly higher costs of ...to capital market considerations, but it is nevertheless useful to consider alternative specifications for which the concern would ...
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Multinational Capital Structure and Tax Competition
... to capital by ...deductible from tax liabilities in every ...of capital C(α i ) are associated with borrowing, with C(0) = C 0 (0) = 0, C 0 (α i ) ≥ 0, C 00 (α i ) > 0, and lim α→1 C 0 (α) = ...and ...
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Multinational Capital Structure and Tax Competition
... profits from high-tax to low-tax countries without relocating capital, tax rates may be too high (see Eichner and Runkel, 2008; Nielsen, Raimondos- Moeller, and Schjelderup, ...
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Chapter 14 Multinational Capital Structure and Cost of Capital
... c. accept the project and try to capture the value in the foreign currency today d. reject the project and continue to look for positive-NPV projects in the foreign country e. none of the above 3. If a project has a ...
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Australian multinational and domestic corporations capital structure determinants
... debt structure is ...for multinational corporations domiciled in Australia is an empirical question that leads to the first hypothesis (stated in null form): ...
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The Capital Structure of Multinational Companies under Tax Competition
... The second stream of research we refer to deals with tax competition. 8 It is worth noting that most of this literature does not deal with risk. 9 Moreover, as Wilson and Wildasin (2004, p.1084) point out, "analysis of ...
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The determinants of capital structure for Japanese multinational and domestic corporations
... Japanese multinational corporations (MNCs) and domestic corporations (DCs) over 10 years to ...years from date of ...revenue from different countries weighted by a political risk ...
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Thin Capitalization Rules and Multinational Firm Capital Structure
... U.S. multinational companies was conducted by Jennifer Blouin at the Bureau of Economic Analysis, Department of Commerce under arrangements that maintain legal confidentiality ...
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CAPITAL STRUCTURE FOR MULTINATIONAL INTER- AND INTRA-FIRM INNOVATION COLLABORATIONS
... obligations. Multinational innovation firms usually face a high degree of uncertainly and unpredictable profits; firms issue new debt when their internal funds are insufficient to pay for business expansion or ...
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Who is afraid of political risk? Multinational firms and their choice of capital structure
... changes from positive to negative: for leverage, a maximum is reached at a level of political risk of about ...change from a positive to a negative effect of political risk is predicted to take place for a ...
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Social capital in multinational enterprise : host government relations a South African perspective
... stems from his background as medical clinician and his role in high level negotiations in the medico-political ...social capital spontaneously evolves in the social ...
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The Effects of Capital Structure on Banks’ Performance, the Ugandan Perspective
... of Capital Structure on Banks’ Performance, the Ugandan ...of capital structure on banks’ performance on Ugandan banks for a ten years period, 2006 – 2015 with a sample of 20 commercial ...of ...
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FACTORS DETERMINING THE CORPORATE CAPITAL STRUCTURE IN THE CZECH REPUBLIC FROM THE PERSPECTIVE OF BUSINESS ENTITIES
... corporate capital structure is fundamentally a complex process dependent on a large variety of determinants; and the chosen fi nancial strategy therefore depends on the particular decisions of individual fi ...
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16. Multinational Capital Budgeting
... ( 1 i ) (1 i ) (1 i ) (1 i ) ( 1 i ) Example : Brower, Inc. just constructed a manufacturing plant in Ghana. The construction cost 9 billion Ghanian cedi. Brower intends to leave the plant open for three years. During ...
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Reversing the Perspective: Multinational Activity from Middle-Income Countries
... MNCs from middle-income countries to learn about the in-house distribution of production between affiliate and parent within the ...shifting capital-intensive activities to more advanced countries such as ...
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Social capital from an individual perspective
... Concerning the dimension Groups and Networks, the questionnaire poses a num- ber of questions on group membership. It lists 19 different types of organizations and asks the respondent if he is a member in orgnizations ...
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From M-form to N-form: The Structure of Multinational Corporations
... subsidiary managers in many Continental firms were given foreign responsibilities only after years spent absorbing the values and practices of the parent company.” (p. 190) The socialization of the subsidiary managers ...
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Equity Analysis and Capital Structure. A New Venture s Perspective
... To carve out the firm’s equity value from an EBITDA multiple valuation, subtract market value of debt and add back cash.. Valuing Equity (Method 2) EBITDA Multiple[r] ...
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Capital structure of Chinese listed SMEs: an agency theory perspective
... Our findings provide important insights on how corporate governance influences the use of external debt by firms on the GEM market. First, in line with the Hypothesis 1, our findings suggest that the management ...
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Capital Structure of Public–Private Partnership Projects: A Sustainability Perspective
... a capital structure from a simple economic behavior to a comprehensive process by considering seven factors from the economic, social, and environmental levels, this making the capital ...
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