Faculty of Economics and Business Administration Publications Database

International debt shifting and multinational firms in developing economies

Fuest, Clemens
Riedel, Nadine
Volume: 113
Number: 2
Pages: 135 - 138
Month: November
ISSN-Print: 0165-1765
Link External Source: Online Version
Year: 2011
Keywords: International debt shifting; Capital structure; Corporate taxation; Developing economies
Abstract: We present empirical evidence suggesting that the effect of the host country corporate tax rate on the debt ratio of multinational affiliates in developing economies is positive and larger than the same effect for affiliates in developed economies.