• Sign In
  • Help
  • My Basket0
Dynamic Firm and Investor Behaviour under Progressive Personal Taxation - Lecture Notes in Economics and Mathematical Systems 305 (Paperback)
  • Dynamic Firm and Investor Behaviour under Progressive Personal Taxation - Lecture Notes in Economics and Mathematical Systems 305 (Paperback)
zoom

Dynamic Firm and Investor Behaviour under Progressive Personal Taxation - Lecture Notes in Economics and Mathematical Systems 305 (Paperback)

(author)
£88.00
Paperback 215 Pages / Published: 11/05/1988
  • We can order this

Usually despatched within 3 weeks

  • This item has been added to your basket

Check Marketplace availability

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 such that no excess demand for or supply of shares exists, - the portfolio selection of differently taxed investors, - the succession of differently taxed investors, who possess the shares of any value-maximizing firm, in the course of time, - the optimal resulting policy string and corresponding evolution of a firm in the course of time.

Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN: 9783540192305
Number of pages: 215
Weight: 407 g
Dimensions: 244 x 170 x 12 mm
Edition: Softcover reprint of the original 1st ed. 198

You may also be interested in...

The Corruption of Economics
Added to basket
Economics of Taxation 2013/14
Added to basket
The Great Tax Robbery
Added to basket
Tolley's Tax Guide 2012-13
Added to basket
British Tax Guide: Value Added Tax Ebook and Book Bundle 2013-14
Added to basket
Taxation: A Very Short Introduction
Added to basket
Know Your Rights
Added to basket
£11.50
Paperback
The Myth of Ownership
Added to basket
HMRC - Her Majesty's Roller Coaster
Added to basket
The Great Tax Robbery
Added to basket
Anglo-American Corporate Taxation
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.