This paper examines empirical evidence on the impact of financial distress tax avoidance 369 listed companies in Vietnam over 2008–2020 period. Empirical results show existence a positive relationship between and for survey companies. In particular, more company is danger capital, it will take. The also that small tend to avoid taxes more. Companies use debt leverage as shield help them reduce ...

Capital structure is one of the most frequently discussed issues within Corporate Finance Theory. Optimizing capital and value tax shield through evaluation its interests can lead to increasing enterprise, followed by rising competitiveness flexibility. The aim this study provide a novel look at interest determinants in emerging economies Visegrad Four. model was created on net sample nearly 7,...

The standard formulas for calculating the value of a firm’s tax shield and its weighted average cost capital (WACC) use assumption that underlying cash flows are perpetuities. Yet, most projects will have finite useful life. Because perpetuity approach overstate finite-life project’s shield, this factor pressure perpetuity-formula WACC to be less than WACC. However, large portion perpetual can ...