|
|
|
|
|
Robert Martin Hull
We extend the performance comparison study of nonprofits (NPs) and pass-throughs by examining large NPs and large C corporations (CCs). Unlike that study, we also examine performance outcomes under two different tax shield policies. We use the Capital St...
ver más
|
|
|
|
|
|
|
|
|
|
|
Robert Hull and Shane Van Dalsem
This paper?s purpose is to compare nonprofits with pass-throughs in terms of valuation, leverage, and growth. To achieve this purpose, we use the Capital Structure Model. This model determines maximum firm valuation through incorporating real data (tax r...
ver más
|
|
|
|
|
|
|
|
|
|
|
Robert Hull
Corporate finance research focuses on C corps (CCs) neglecting pass-throughs (PTs). We answer this neglect by examining PT outputs for the categories of debt choice, valuation, and leverage gain. In the process, we expand on the nongrowth PT research and...
ver más
|
|
|
|
|
|