Andere Kunden interessierten sich auch für
![Company Tax Reform in the European Union]( "Company Tax Reform in the European Union")
Company Tax Reform in the European Union74,99 €![Dual Income Tax]( "Dual Income Tax")
Dual Income Tax74,99 €![Framing Effects in Taxation]( "Framing Effects in Taxation")
Framing Effects in Taxation83,99 €![Transfer Pricing and Valuation in Corporate Taxation]( "Transfer Pricing and Valuation in Corporate Taxation")
Transfer Pricing and Valuation in Corporate Taxation125,99 €![Corporate Taxation in the Netherlands Antilles]( "Corporate Taxation in the Netherlands Antilles")
Corporate Taxation in the Netherlands Antilles42,99 €![Politics, Taxation, and the Rule of Law]( "Politics, Taxation, and the Rule of Law")
Politics, Taxation, and the Rule of Law74,99 €![Property Tax Reform in Developing Countries]( "Property Tax Reform in Developing Countries")
Property Tax Reform in Developing Countries125,99 €
This book analyzes the economic principles of modern corporate taxation. With respect to the existing products it represents a novelty in at least two respects. First of all, it analyzes not only the effects of taxation on firms' marginal choices, but also focuses on the impact of taxation on discrete choices, such as plant location, R&D investment, and new marketing programs. The second novelty is represented by the application of option pricing techniques to corporate taxation. To give an idea of the importance of options it is sufficient to say that managers are aware that new business programs are an opportunity and not an obligation. This means that they behave as if they owned option-rights. Due to the partial irreversibility of their choices, they know that the exercise of such options reduces their business flexibility.