The Impact of Taxation on the Capital Budgeting Decision of Companies

Emerald - Tập 13 Số 3/4 - Trang 8-15 - 1987
J.A. Kennedy1, K.F. Sugden1
1University of Salford,

Tóm tắt

In recent decades a vast amount of academic ink has been spilled in theorising as to how companies should go about making capital investment decisions. Comparable effort has been expended in carrying out surveys to ascertain whether the academic prescriptions are being followed in practice. However, consideration of the theoretical and actual roles of taxation in the capital budgeting decision have formed a relatively small part of these deliberations. The purpose of this paper is to consider these roles.

Tài liệu tham khảo

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Emerald

Tập 13 Số 3/4

8-15

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