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Can Corporate Taxation Be Explained By Limited Liability?

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dc.contributor.advisor Miglo, Anton en_US
dc.contributor.author Miglo, Anton en_US
dc.date.accessioned 2014-07-16T16:12:15Z
dc.date.available 2014-07-16T16:12:15Z
dc.date.issued 2008-12-01 en_US
dc.identifier.citation Miglo, A. (2008, December 01). Can Corporate Taxation Be Explained By Limited Liability? Journal of Current Issues in Finance, Business and Economics, 2(4), 1-6.
dc.identifier.other 43bfc03d-3346-0419-f121-aef20b3d7f21 en_US
dc.identifier.uri https://scholarworks.bridgeport.edu/xmlui/handle/123456789/368
dc.description We consider a model where wealth-constrained entrepreneurs have private information about the qualities of available investment projects.We show that some "high risk-high return" projects will receive external financing even if they are not socially profitable.Some "low risk-low return" projects will not be funded even if they are socially profitable.Government interventions can improve equilibrium. Optimal government policy may include corporate taxation,subsidies or other instruments.A universal tax on all entrepreneurs with limited liability is not optimal. en_US
dc.publisher Nova Science Publisher en_US
dc.subject Accounting en_US
dc.subject Business entity taxation en_US
dc.subject Taxation en_US
dc.title Can Corporate Taxation Be Explained By Limited Liability? en_US
dc.type Article en_US
dc.publication.issue 4 en_US
dc.publication.name Journal of Current Issues in Finance, Business and Economics en_US
dc.publication.volume 2 en_US


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