35. Financing and Investment Under Unutilized Tax Allowances

Jouko Ylä-Liedenpohja. FINANCING AND INVESTMENT UNDER UNUTILIZED TAX ALLOWANCES. Raportteja ja artikkeleita 35. ISBN 951-9083-36-7, ISSN 0357-7384. The paper is organized as follows. Section 2 presents the elements of the model. Section 3 contains the analysis of the financing decision and Section 4 the investment decision. Final section is a summary and evaluation of the results.