dc.date.accessioned | 2013-03-12T09:53:20Z | |
dc.date.available | 2013-03-12T09:53:20Z | |
dc.date.issued | 2001 | en_US |
dc.date.submitted | 2002-10-01 | en_US |
dc.identifier.uri | http://hdl.handle.net/10852/17326 | |
dc.description.abstract | From a CAPM-type model the cost of equity is derived for a …rm operating under various foreign tax systems. The …rm’s shares are traded in a market which is una¤ected by these systems. The cost of capital depends on the foreign tax system, even for fully equity …nanced projects. This is neglected in much of the literature. For a corporate income tax the main factor which reduces the cost of equity is the depreciation deductions. Compared with a neutral cash ‡ow tax, this reduces the cost of equity because it acts as a loan from the …rm to the government. | nor |
dc.language.iso | eng | en_US |
dc.publisher | Universitetet i Oslo, Økonomisk institutt | |
dc.relation.ispartof | Memorandum fra Økonomisk institutt, Universitetet i Oslo http://urn.nb.no/URN:NBN:no-7118 | en_US |
dc.relation.uri | http://urn.nb.no/URN:NBN:no-7118 | |
dc.subject | skattepolitikkinternasjonalekonsernerCostofequity | en_US |
dc.subject | taxation | en_US |
dc.subject | weightedaveragecostofcapital | en_US |
dc.subject | uncertainty | en_US |
dc.title | Taxation, uncertainty, and the cost of equity for a multinational firm | en_US |
dc.type | Working paper | en_US |
dc.date.updated | 2012-09-14 | en_US |
dc.creator.author | Lund, Diderik | en_US |
dc.subject.nsi | VDP::210 | en_US |
dc.identifier.urn | URN:NBN:no-3117 | en_US |
dc.type.document | Arbeidsnotat | en_US |
dc.identifier.duo | 4862 | en_US |
dc.identifier.bibsys | 021678936 | en_US |
dc.identifier.fulltext | Fulltext https://www.duo.uio.no/bitstream/handle/10852/17326/1/4862.pdf | |