Multinationals, minority ownership and tax-efficient financing structures

dc.contributor.author	Schindler, Dirk
dc.contributor.author	Schjelderup, Guttorm
dc.date.accessioned	2008-10-21T12:51:20Z
dc.date.available	2008-10-21T12:51:20Z
dc.date.issued	2008-10
dc.identifier.issn	1500-4066
dc.identifier.uri	http://hdl.handle.net/11250/163947
dc.description.abstract	We model how multinationals structure their borrowing and lending transactions and find that affiliates in high-tax countries have higher internal and overall debt ratios and lower rental rates of physical capital than comparable domestic firms. We also show that affiliates with minority owners have less debt than wholly owned affiliates.	en
dc.language.iso	eng	en
dc.publisher	Norwegian School of Economics and Business Administration. Department of Finance and Management Science	en
dc.relation.ispartofseries	Discussion paper	en
dc.relation.ispartofseries	2008:19	en
dc.subject	multinational enterprises	en
dc.subject	tax-efficient financing structures	en
dc.subject	minority ownership	en
dc.title	Multinationals, minority ownership and tax-efficient financing structures	en
dc.type	Working paper	en
dc.subject.nsi	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Bedriftsøkonomi: 213	en