Impôt sur le revenu des sociétés (IS) et capital
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Impôt sur le revenu des sociétés (IS) et capital

Impôt sur le revenu des sociétés (IS) et capital


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International Edition


About the Book

Cette recherche consiste à vérifier si l'impôt sur les sociétés (IS) a un effet sur le capital compte tenu du risque de financement encouru.L'échantillon commence par une étude de cas de deux entreprises hypothétiques identiques, l'une endettée et l'autre non endettée, ayant le même projet d'investissement rentable sur une période donnée, et se termine par 101 paires d'entreprises identiques appartenant à différentes classes de risque de financement. L'hypothèse de non-gratuité des coûts et des revenus est utilisée, et les marchés de capitaux sont supposés purs et parfaits.Les résultats confirment que le CIT n'a aucun effet sur la structure, la valeur, le coût et le rendement du capital pour un risque de financement donné, et révèlent l'existence d'une troisième source de financement appelée "capital public", dont le coût est le taux de l'impôt sur le capital des sociétés (ISC). Il n'est plus question de réfléchir à la structure optimale du capital, qui est une pure illusion financière. Cet article est l'un des premiers à montrer que l'impôt sur les sociétés (IS) n'a pas d'effet sur le capital, et à proposer un modèle qui explique le comportement de la structure du capital en présence de l'IS.


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Product Details
  • ISBN-13: 9786207347490
  • Publisher: KS Omniscriptum Publishing
  • Binding: Paperback
  • Language: French
  • Returnable: N
  • Weight: 209 gr
  • ISBN-10: 6207347498
  • Publisher Date: 04 Apr 2024
  • Height: 229 mm
  • No of Pages: 100
  • Spine Width: 6 mm
  • Width: 152 mm


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