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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19076Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Mintz, Jack | - |
| dc.creator | Weichenrieder, Alfons J. | - |
| dc.date | 2005 | - |
| dc.date.accessioned | 2013-10-16T07:02:46Z | - |
| dc.date.available | 2013-10-16T07:02:46Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/19076 | - |
| dc.identifier | ppn:509697992 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19076 | - |
| dc.description | The paper analyzes the financial structure of outbound FDI during the period 1996-2002 by drawing on up to 54,022 firm-year observations of 13,758 German-owned subsidiaries. We find that the tax rate in the host country has a sizeable and significantly positive effect on leverage for wholly-owned foreign unlike partially-owned foreign companies. Most of the effect comes from increased intra-company borrowing, while third-party debt is not significantly affected by tax differences. While wholly-owned subsidiaries react more sensitively to tax rate differentials, they are less sensitive to macroeconomic influences like interest rates. | - |
| dc.language | eng | - |
| dc.relation | CESifo working papers 1612 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | H25 | - |
| dc.subject | F23 | - |
| dc.subject | ddc:330 | - |
| dc.subject | foreign direct investment | - |
| dc.subject | financial structure | - |
| dc.subject | capital structure | - |
| dc.subject | taxation | - |
| dc.subject | Auslandsniederlassung | - |
| dc.subject | Kapitalstruktur | - |
| dc.subject | Internationale Finanzierung | - |
| dc.subject | Unternehmensbesteuerung | - |
| dc.subject | Steuerbelastung | - |
| dc.subject | Direktinvestition | - |
| dc.subject | Deutsch | - |
| dc.title | Taxation and the financial structure of German outbound FDI | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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