Debt, Leases, Taxes and the Endogeneity of Corporate Tax Status

Theory of the firm: Managerial behavior, agency costs and ownership structure

1976 • 62,465 citations

Determinants of corporate borrowing

1977 • 13,054 citations

The Capital Structure Puzzle

1984 • 7,683 citations

What Do We Know about Capital Structure? Some Evidence from International Data

1995 • 6,521 citations

CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION

1963 • 5,822 citations

Principles of Corporate Finance.

1981 • 3,686 citations

Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy

1968 • 3,609 citations

DEBT AND TAXES*

1977 • 3,086 citations

Optimal capital structure under corporate and personal taxation

1980 • 2,681 citations

Additional evidence on the association between the investment opportunity set and corporate financing, dividend, and compensation policies

1993 • 1,333 citations

Do Taxes Affect Corporate Financing Decisions?

1990 • 1,180 citations

Debt and the Marginal Tax Rate

1994 • 702 citations

Proxies for the corporate marginal tax rate

1996 • 656 citations

Tax Planning, Regulatory Capital Planning, and Financial Reporting Strategy for Commercial Banks

1990 • 473 citations

Optimal Capital Structure Under Corporate and Personal Taxation

1980 • 461 citations

The Priority Structure of Corporate Liabilities

1995 • 383 citations

VALUATION OF FINANCIAL LEASE CONTRACTS

1976 • 330 citations

Capital market imperfections and the incentive to lease

1995 • 306 citations

LEASING, BUYING, AND THE COST OF CAPITAL SERVICES

1976 • 288 citations

Taxes and Capital Structure: Evidence from Firms’ Response to the Tax Reform Act of 1986

1992 • 238 citations

The Leasing Puzzle

1984 • 201 citations

Bankruptcy Costs and the Financial Leasing Decision

1994 • 165 citations

ASSET LEASING IN COMPETITIVE CAPITAL MARKETS

1976 • 158 citations

Are Debt and Leases Substitutes?

1992 • 128 citations

Do Taxes Affect Corporate Financing Decisions

1988 • 97 citations

Proxies for the Corporate Marginal Tax Rate

1996 • 87 citations

THE ECONOMICS OF SHORT‐TERM LEASING

1980 • 73 citations

The determinants of yields on financial leasing contracts

1987 • 44 citations