Fuest, Clemens, Hebous, Shafik and Riedel, Nadine (2011) International debt shifting and multinational firms in developing economies. Economics Letters, 113 (2). pp. 135-138.
We present empirical evidence suggesting that the effect of the host country corporate tax rate on the debt ratio of multinational affiliates in developing economies is positive and larger than the same effect for affiliates in developed economies.
|Keywords:||International debt shifting; Capital structure; Corporate taxation; Developing economies|
|Centre:||Oxford University Centre for Business Taxation|
|Date Deposited:||28 May 2012 13:07|
|Last Modified:||23 Oct 2015 14:07|
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