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Corporate tax, capital structure, and the accessibility of bank loans: Evidence from China

  • 【作者】Wu,Liansheng,Yue,Heng
  • 【作者单位】1 Guanghua School of Management, Peking University, Beijing 100871, China
  • 【年份】2009
  • 【卷号】Vol.33No.1
  • 【页码】30-38
  • 【ISSN】0378-4266
  • 【关键词】CORPORATIONS Taxation CORPORATIONS Finance LONG-term business financing BANK loans FINANCE TAXATION Law & legislationCHINA 
  • 【摘要】 In this paper, we investigate whether listed firms in China adjust their capital structure in response to an increase in the corporate tax rate. Although theories of capital structure suggest that corporate tax is an important determinant of capital ...
  • 【文献类型】 期刊
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