The Journal of Finance

The Journal of Finance publishes leading research across all the major fields of finance. It is one of the most widely cited journals in academic finance, and in all of economics. Each of the six issues per year reaches over 8,000 academics, finance professionals, libraries, and government and financial institutions around the world. The journal is the official publication of The American Finance Association, the premier academic organization devoted to the study and promotion of knowledge about financial economics.

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THE LEASE‐OR‐BUY AND ASSET ACQUISITION DECISIONS

Published: 09/01/1974   |   DOI: 10.1111/j.1540-6261.1974.tb03097.x

Lawrence D. Schall

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Taxes, Inflation and Corporate Financial Policy

Published: 03/01/1984   |   DOI: 10.1111/j.1540-6261.1984.tb03863.x

LAWRENCE D. SCHALL

This paper examines inflation‐induced distortions in personal and corporate income taxes and discusses the implications for corporate dividend and financial structure policies and for shareholder unanimity. The tax effects relating to capital gains and debt interest cause changes in aggregate corporate borrowing and lead to equilibrium tax relationships which differ from the zero‐inflation tax relationships.

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CORPORATE BANKRUPTCY AND CONGLOMERATE MERGER

Published: 03/01/1975   |   DOI: 10.1111/j.1540-6261.1975.tb03162.x

Robert C. Higgins, Lawrence D. Schall

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A NOTE ON INVESTMENT POLICY WITH IMPERFECT CAPITAL MARKETS

Published: 03/01/1972   |   DOI: 10.1111/j.1540-6261.1972.tb00623.x

Charles W. Haley, Lawrence D. Schall

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SURVEY AND ANALYSIS OF CAPITAL BUDGETING METHODS

Published: 03/01/1978   |   DOI: 10.1111/j.1540-6261.1978.tb03404.x

Lawrence D. Schall, Gary L. Sundem, William R. Geijsbeek

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