- Asymmetric taxes
- A situation wherein participants in a transaction have different net tax rates. The New York Times Financial Glossary
Financial and business terms. 2012.
Financial and business terms. 2012.
asymmetric taxes — When participants in a transaction have different net tax rates. Bloomberg Financial Dictionary … Financial and business terms
Asymmetric federalism — or asymmetrical federalism is found in a federation in which different constituent states possess different powers: one or more of the states has considerably more autonomy than the other substates, although they have the same constitutional… … Wikipedia
Capital market imperfections view — The view that issuing debt is generally valuable but that the firm s optimal choice of capital structure is a dynamic process that involves the other views of capital structure (net corporate/personal tax, agency cost, bankruptcy cost, and… … Financial and business terms
capital market imperfections view — The view that issuing ( issue) debt is generally valuable, but that the firm s optimal choice of capital structure involves various other views of capital structure ( net corporate/personal tax, agency cost, bankruptcy cost, and pecking order),… … Financial and business terms
Modigliani–Miller theorem — The Modigliani–Miller theorem (of Franco Modigliani, Merton Miller) forms the basis for modern thinking on capital structure. The basic theorem states that, under a certain market price process (the classical random walk), in the absence of taxes … Wikipedia
Modigliani-Miller theorem — The Modigliani Miller theorem (of Franco Modigliani, Merton Miller) forms the basis for modern thinking on capital structure. The basic theorem states that, in the absence of taxes, bankruptcy costs, and asymmetric information, and in an… … Wikipedia
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