• English
    • العربية
  • العربية 
  • Login
  • QU
  • QU Library
  •  Home
  • Communities & Collections
  • Help
    • Item Submission
    • Publisher policies
    • User guides
    • FAQs
  • About QSpace
    • Vision & Mission
    • QSpace policies
Advanced Search
Advanced Search
View Item 
  •   Qatar University QSpace
  • Academic
  • Faculty Contributions
  • College of Business and Economics
  • Finance & Economics
  • View Item
  • Qatar University QSpace
  • Academic
  • Faculty Contributions
  • College of Business and Economics
  • Finance & Economics
  • View Item
  •      
  •  
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    How does the tax status of a country impact capital structure? Evidence from the GCC region

    Thumbnail
    View/Open
    Publisher version (You have accessOpen AccessIcon)
    Publisher version (Check access options)
    Check access options
    Date
    2016-12
    Author
    Temimi, Akram
    Zeitun, Rami
    Mimouni, Karim
    Metadata
    Show full item record
    Abstract
    We investigate whether the tax status of a country has an impact on corporate capital structure. This research question is important and timely given that the empirical literature has not reached a consensus on the effect of taxes on corporate leverage. The Gulf Cooperation Council region, which is characterized by a unique fiscal environment, provides a natural laboratory for the analysis. We find that taxes have direct and indirect effects on leverage. The presence of taxes strengthens the effect of tangibility and GDP growth on leverage, while it weakens the effect of profitability and liquidity. The relationships between firms’ growth opportunities and leverage and size and leverage do not seem to be affected by taxes. We also show that the effect of taxes is different by industry. Controlling for the tax status of the country is important in some industries and irrelevant in others.
    URI
    http://www.sciencedirect.com/science/article/pii/S1042444X1630038X
    DOI/handle
    http://dx.doi.org/10.1016/j.mulfin.2016.08.002
    http://hdl.handle.net/10576/5143
    Collections
    • Finance & Economics [‎103 ‎ items ]

    entitlement


    QSpace is a digital collection operated and maintained by the Qatar University Library and supported by the ITS department

    Contact Us | Send Feedback
    Contact Us | Send Feedback | QU

     

     

    Home

    Submit your QU affiliated work

    Browse

    All of QSpace
      Communities & Collections Publication Date Author Title Subject Type Language
    This Collection
      Publication Date Author Title Subject Type Language

    My Account

    Login

    Statistics

    View Usage Statistics

    About QSpace

    Vision & Mission QSpace policies

    Help

    Item Submission Publisher policiesUser guides FAQs

    QSpace is a digital collection operated and maintained by the Qatar University Library and supported by the ITS department

    Contact Us | Send Feedback
    Contact Us | Send Feedback | QU

     

     

    Video