Several frictions restrict the government’s ability to tax assets. First of all, it is very costly to monitor trades on international asset markets. Moreover, agents can resort to non-observable low-return assets such as cash, gold or foreign currencies if taxes on observable assets become too high. This paper shows that limitations in asset observability have important consequences for the tax...

Pressured Return on Assets: For most U.S. providers, the need for enhanced Return on Assets (ROA) is significant and will only increase as operating cost growth continues in the face of constrained reimbursement, resulting in decreasing ROA, net income and a higher future cost of capital. Those providers considering constructing new beds face even greater ROA hurdles because construction costs ...

Cumulative abnormal return (CAR) is estimated as long-term shareholder wealth of private placement, and we propose empirical evidence of the effect of private placement on long-term shareholder wealth. Private placement of listed firms has significantly positive effect on long-term shareholder wealth. Cumulative abnormal return are positively related with offer type of private placement at the ...

Abstrak Banyaknya variabel yang dapat mempengaruhi profitabilitas, peneliti melakukan penelitian dengan menghubungkannya inflasi dan suku bunga. Penelitian ini menggunakan teknik purposive sample 5 perusahaan untuk memperoleh data inflasi, bunga masing-masing dari website BPS BI rate. Asumsi tradisional analisis regresi linier berganda membentuk metodologi penelitian. Menurut temuan penelitian,...