106
Views
0
CrossRef citations to date
0
Altmetric
Original Articles

Value of tax benefits of a dynamic debt policy with regime switching

&

References

  • Djembissi, B. 2011. “Excessive Risk Taking and the Maturity Structure of Debt.” Journal of Economic Dynamics and Control 35 (10): 1800–1816. doi:10.1016/j.jedc.2011.06.011.
  • Duffie, D., and D. Lando. 2001. “Term Structures of Credit Spreads with Incomplete Accounting Information.” Econometrica 69 (3): 633–664. doi:10.1111/ecta.2001.69.issue-3.
  • Elkamhi, R., J. Ericsson, and C. Parsons. 2012. “The Cost and Timing of Financial Distress.” Journal of Financial Economics 105 (1): 62–81. doi:10.1016/j.jfineco.2012.02.005.
  • Goldstein, R., N. Ju, and H. Leland. 2001. “An EBIT-Based Model of Dynamic Capital Structure.” The Journal of Business 74 (4): 483–512. doi:10.1086/jb.2001.74.issue-4.
  • Hackbarth, D., J. Miao, and E. Morellec. 2006. “Capital Structure, Credit Risk, and Macroeconomic Conditions.” Journal of Financial Economics 82 (3): 519–550. doi:10.1016/j.jfineco.2005.10.003.
  • Leland, H. 1994. “Corporate Debt Value, Bond Covenants and Optimal Capital Structure.” The Journal of Finance 49 (4): 1213–1252. doi:10.1111/j.1540-6261.1994.tb02452.x.
  • Leland, H. 1998. “Agency Costs, Risk Management, and Capital Structure.” The Journal of Finance 53 (4): 1213–1243. doi:10.1111/0022-1082.00051.
  • Miao, J. 2005. “Optimal Capital Structure and Industry Dynamics.” The Journal of Finance 60 (6): 2621–2659. doi:10.1111/j.1540-6261.2005.00812.x.
  • Morellec, E. 2004. “Can Managerial Discretion Explain Observed Leverage Ratios?” Review of Financial Studies 17 (1): 257–294. doi:10.1093/rfs/hhg036.
  • Morellec, E., B. Nikolov, and N. Schürhoff. 2012. “Corporate Governance and Capital Structure Dynamics.” The Journal of Finance 67 (3): 803–848. doi:10.1111/j.1540-6261.2012.01735.x.
  • Panteghini, P. 2007. “Interest Deductibility under Default Risk and the Unfavorable Tax Treatment of Investment Costs: A Simple Explanation.” Economics Letters 96 (1): 1–7. doi:10.1016/j.econlet.2006.12.002.
  • Strebulaev, I. 2007. “Do Tests of Capital Structure Theory Mean What They Say?” The Journal of Finance 62 (4): 1747–1787. doi:10.1111/j.1540-6261.2007.01256.x.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.