IDEAS home Printed from https://ideas.repec.org/a/bla/jfnres/v19y1996i3p327-337.html
   My bibliography  Save this article

Evidence On The Effect Of Taxes On Firms' Decisions To Retire Debt Early

Author

Listed:
  • Gil B. Manzon Jr.
  • Thomas L. Porter
  • Mark E. Potter

Abstract

No abstract is available for this item.

Suggested Citation

  • Gil B. Manzon Jr. & Thomas L. Porter & Mark E. Potter, 1996. "Evidence On The Effect Of Taxes On Firms' Decisions To Retire Debt Early," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 19(3), pages 327-337, September.
    • Handle: RePEc:bla:jfnres:v:19:y:1996:i:3:p:327-337
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1996.tb00217.x
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Mary Ellen Carter & Gil B. Manzon Jr., 1995. "Evidence On The Role Of Taxes On Financing Choice: Consideration Of Mandatorily Redeemable Preferred Stock," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 18(1), pages 103-114, March.
    2. Givoly, Dan, et al, 1992. "Taxes and Capital Structure: Evidence from Firms' Response to the Tax Reform Act of 1986," The Review of Financial Studies, Society for Financial Studies, vol. 5(2), pages 331-355.
    3. DeAngelo, Harry & Masulis, Ronald W., 1980. "Optimal capital structure under corporate and personal taxation," Journal of Financial Economics, Elsevier, vol. 8(1), pages 3-29, March.
    4. Bradley, Michael & Jarrell, Gregg A & Kim, E Han, 1984. "On the Existence of an Optimal Capital Structure: Theory and Evidence," Journal of Finance, American Finance Association, vol. 39(3), pages 857-878, July.
    5. Collins, Daniel W. & Rozeff, Michael S. & Dhaliwal, Dan S., 1981. "The economic determinants of the market reaction to proposed mandatory accounting changes in the oil and gas industry: A cross-sectional analysis," Journal of Accounting and Economics, Elsevier, vol. 3(1), pages 37-71, March.
    6. Fischer, Edwin O & Heinkel, Robert & Zechner, Josef, 1989. " Dynamic Capital Structure Choice: Theory and Tests," Journal of Finance, American Finance Association, vol. 44(1), pages 19-40, March.
    7. Carter, Mary Ellen & Manzon, Gil B, Jr, 1995. "Evidence on the Role of Taxes on Financing Choice: Consideration of Mandatorily Redeemable Preferred Stock," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 18(1), pages 103-114, Spring.
    8. Trezevant, Robert, 1992. "Debt Financing and Tax Status: Tests of the Substitution Effect and the Tax Exhaustion Hypothesis Using Firms' Responses to the Economic Recovery Tax Act of 1981," Journal of Finance, American Finance Association, vol. 47(4), pages 1557-1568, September.
    9. Palepu, Krishna G., 1986. "Predicting takeover targets : A methodological and empirical analysis," Journal of Accounting and Economics, Elsevier, vol. 8(1), pages 3-35, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mai, Nhat Chi, 2012. "Market timing, taxes and capital structure: evidence from Vietnam," OSF Preprints t3mvs, Center for Open Science.
    2. Nadja Dwenger & Viktor Steiner, 2014. "Financial leverage and corporate taxation: evidence from German corporate tax return data," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 21(1), pages 1-28, February.
    3. Michael S. H. Shih, 1996. "Les déterminants du niveau d'endettement de l'entreprise: une analyse de séries chronologiques constituées à partir des données contenues dans les déclarations de revenus produites aux États†U," Contemporary Accounting Research, John Wiley & Sons, vol. 13(2), pages 505-526, September.
    4. Cloyd, C. Bryan & Limberg, Stephen T. & Robinson, John R., 1997. "The Impact of Federal Taxes on the Use of Debt by Closely Held Corporations," National Tax Journal, National Tax Association, vol. 50(2), pages 261-77, June.
    5. Sarkar, Sudipto, 2008. "Can tax convexity be ignored in corporate financing decisions?," Journal of Banking & Finance, Elsevier, vol. 32(7), pages 1310-1321, July.
    6. Chay, J. B. & Marsden, Alastair, 1996. "Market reaction to the introduction of a foreign investor tax credit regime in New Zealand," Pacific-Basin Finance Journal, Elsevier, vol. 4(2-3), pages 129-152, July.
    7. Zihui Xu & Zifan Chen & Lixing Deng & Yan Yu, 2022. "The Impact of Mandatory Deleveraging on Corporate Tax Avoidance: Evidence from a Quasi‐experiment in China," Australian Accounting Review, CPA Australia, vol. 32(3), pages 352-366, September.
    8. Michael S. H. Shih, 1996. "Determinants of Corporate Leverage: A Time†Series Analysis Using U.S. Tax Return Data," Contemporary Accounting Research, John Wiley & Sons, vol. 13(2), pages 487-504, September.
    9. Lexin Zhao & Hongsheng Fang, 2022. "Investment incentives and leverage: Evidence from China’s accelerated depreciation policy," The World Economy, Wiley Blackwell, vol. 45(11), pages 3625-3649, November.
    10. Cloyd, C. Bryan & Limberg, Stephen T. & Robinson, John R., 1997. "The Impact of Federal Taxes on the Use of Debt by Closely Held Corporations," National Tax Journal, National Tax Association;National Tax Journal, vol. 50(2), pages 261-277, June.
    11. Nils aus dem Moore, 2014. "Taxes and Corporate Financing Decisions – Evidence from the Belgian ACE Reform," Ruhr Economic Papers 0533, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    12. Katrien Kestens & Philippe Van Cauwenberge & Johan Christiaens, 2012. "The Effect of the Notional Interest Deduction on the Capital Structure of Belgian SMEs," Environment and Planning C, , vol. 30(2), pages 228-247, April.
    13. Rana El Bahsh & Ali Alattar & Aziz N. Yusuf, 2018. "Firm, Industry and Country Level Determinants of Capital Structure: Evidence from Jordan," International Journal of Economics and Financial Issues, Econjournals, vol. 8(2), pages 175-190.
    14. Sanjiva Prasad & Christopher J. Green & Victor Murinde, 2005. "Company Financial Structure: A Survey and Implications for Developing Economies," Chapters, in: Christopher J. Green & Colin Kirkpatrick & Victor Murinde (ed.), Finance and Development, chapter 12, Edward Elgar Publishing.
    15. Ravid, S. Abraham & Venezia, Itzhak & Ofer, Aharon & Pons, Vicente & Zuta, Shlomith, 2007. "When are preferred shares preferred? Theory and empirical evidence," Journal of Financial Stability, Elsevier, vol. 3(3), pages 198-237, October.
    16. Antonczyk, Ron Christian & Salzmann, Astrid Juliane, 2014. "Overconfidence and optimism: The effect of national culture on capital structure," Research in International Business and Finance, Elsevier, vol. 31(C), pages 132-151.
    17. Abrapuspa Ghani Talattov & Nur Azura Sanusi & Suhal Kusairi & Abu Hassan Shaari, 2016. "The Role Of Corporate Zakat On Optimal Capital Structure Policy: Evidence From Malaysian Firms," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, vol. 1(2), pages 259-292, February.
    18. Duan, Ran, 2023. "Patent trolls and capital structure decisions in high-tech firms," Journal of Banking & Finance, Elsevier, vol. 155(C).
    19. Apostolos Dasilas & Nicolas Papasyriopoulos, 2015. "Corporate governance, credit ratings and the capital structure of Greek SME and large listed firms," Small Business Economics, Springer, vol. 45(1), pages 215-244, June.
    20. William M. Gentry & R. Glenn Hubbard, 1998. "Fundamental Tax Reform and Corporate Financial Policy," NBER Working Papers 6433, National Bureau of Economic Research, Inc.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jfnres:v:19:y:1996:i:3:p:327-337. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/sfaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.