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Dynamic Firm and Investor Behaviour under Progressive Personal Taxation
Geert-Jan C.T. Van Schijndel
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Description for Dynamic Firm and Investor Behaviour under Progressive Personal Taxation
Paperback. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 225 pages, biography. BIC Classification: KFFD1. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 244 x 170 x 12. Weight in Grams: 407.
This book aims to include the effects of a progressive personal tax into the deterministic dynamic theory of the firm. To this end the author investigates the impact of a progressive personal tax on the optimal dividend, financing and investment policy of a shareholder-controlled, value-maximising firm. More specifically, the principal aim is the justification of the thesis that during each stage of their evolution, firms will be controlled by investors in different tax brackets. With this aim in mind, the author develops a dynamic equilibrium and portfolio theory under certainty, which considers: - the market value of an arbitrary firm ... Read more
This book aims to include the effects of a progressive personal tax into the deterministic dynamic theory of the firm. To this end the author investigates the impact of a progressive personal tax on the optimal dividend, financing and investment policy of a shareholder-controlled, value-maximising firm. More specifically, the principal aim is the justification of the thesis that during each stage of their evolution, firms will be controlled by investors in different tax brackets. With this aim in mind, the author develops a dynamic equilibrium and portfolio theory under certainty, which considers: - the market value of an arbitrary firm ... Read more
Product Details
Format
Paperback
Publication date
1988
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
225
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
215
Place of Publication
Berlin, Germany
ISBN
9783540192305
SKU
V9783540192305
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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