Leverage and Dividend Irrelevancy Under Corporate and Personal Taxation

Authors

  • HARRY DeANGELO,

  • RONALD W. MASULIS

    Search for more papers by this author
    • University of Washington, and University of California at Los Angeles and Securities and Exchange Commission. This paper was prepared prior to employment by the Commission, and does not necessarily reflect the views of the Commission or its staff. We would like to express our appreciation to Linda DeAngelo, Michael Jensen, and David Mayers for their helpful comments.

Ancillary