LEADER 03870nam  22006615  450 
001 9910726280803321
005 20230523131723.0
010   $a9783031309809$b(electronic bk.)
010   $z9783031309793
024 7 $a10.1007/978-3-031-30980-9
035   $a(MiAaPQ)EBC30551626
035   $a(Au-PeEL)EBL30551626
035   $a(OCoLC)1380875731
035   $a(DE-He213)978-3-031-30980-9
035   $a(BIP)089626176
035   $a(PPN)270616764
035   $a(CKB)26769589600041
035   $a(EXLCZ)9926769589600041
100   $a20230523d2023      u|         0
101 0 $aeng
135   $aurcnu||||||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aTax Avoidance and Capital Structure  $eEmpirical Evidence on Debt Covenants /$fby Alessandro Gabrielli
205   $a1st ed. 2023.
210  1$aCham :$cSpringer Nature Switzerland :$cImprint: Springer,$d2023.
215   $a1 online resource (103 pages)
225 1 $aSIDREA Series in Accounting and Business Administration,$x2662-9887
311 08$aPrint version: Gabrielli, Alessandro Tax Avoidance and Capital Structure Cham : Springer International Publishing AG,c2023 9783031309793 
320   $aIncludes bibliographical references.
330   $aThis book provides a comprehensive overview of the implications of tax avoidance for a firm?s capital structure, highlighting the key role played by free cash flow and agency conflicts. First, the book provides an outline of the theories and empirical evidence concerning the role of taxes in the Theory of Capital Structure. It reviews the studies investigating the relationship between agency conflicts and capital structure. The book explores the role of free cash flow and agency conflicts in the relationship between tax avoidance and capital structure. In the final section, the results of an empirical investigation conducted on a sample of U.S. public firms are also presented. The empirical research examines whether and how tax avoidance is associated with debt covenant violation across the stages of the corporate life cycle. Specifically, the research uses the concept of the corporate life cycle stage to analyse whether and how the association between tax avoidance and debt covenant violation varies in different agency settings. Consistent with the hypotheses drawn on the Agency Theory, the findings of the empirical research suggest life cycle stages moderate the association between tax avoidance and debt covenant violation. Overall, this book sheds light on the potential implications of tax avoidance activities for a firm?s capital structure. The book will be of interest to both experienced and early-stage scholars interested in the topic. Moreover, the book will also be of interest to policymakers, investors, analysts, lenders, and other market participants.
410  0$aSIDREA Series in Accounting and Business Administration,$x2662-9887
606   $aAccounting
606   $aBusiness enterprises?Finance
606   $aBusiness enterprises?Taxation
606   $aBusiness tax?Law and legislation
606   $aAccounting
606   $aCorporate Finance
606   $aBusiness Taxation and Tax Law
610   $aTaxation
610   $aManagerial Accounting
610   $aBusiness & Economics
615  0$aAccounting.
615  0$aBusiness enterprises?Finance.
615  0$aBusiness enterprises?Taxation.
615  0$aBusiness tax?Law and legislation.
615 14$aAccounting.
615 24$aCorporate Finance.
615 24$aBusiness Taxation and Tax Law.
676   $a336.243160973
700   $aGabrielli$b Alessandro$0799751
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
912   $a9910726280803321
996   $aTax Avoidance and Capital Structure$93374034
997   $aUNINA