This paper investigates the determinants of capital structure of financial service firms in China. Using a relative regression of accounting data for 36 A-share financial listed companies over the years 2005-2009, an empirical study on determinants of capital structure in financial industry is conducted. The results show that profitability, firm size, non-debt tax shields, earnings volatility a...

although improvement and accumulation of human capital is depending on state policy, every state hasn't this capability. meritocratic bureaucracies, extractive capability, acconntability and rationalization of relations with society promote capacity and authonomy in developmental state model. according to the study hypothesis, structure and nature of the ninth and tenth governments was the...

although improvement and accumulation of human capital  depends on state policy, every state hasn't this capability. meritocratic bureaucracies, extractive capability, accountability and rationalization of relations with society promote capacity and autonomy in developmental state model. according to the study hypothesis, structure and nature of the ninth and tenth governments was the main...

In fiscal year 1970, U.S. federal cigarette tax revenues accounted for 13 percent of all federal excise tax collections and 1 percent of total federal budget receipts. By fiscal year 1980, federal cigarette tax revenues accounted for only 10 percent of all federal excise tax collections and only 0.5 percent of total federal budget receipts.’ In fiscal year 1970, U.S. state and local cigarette t...

State tax revenues in most countries started to decrease during the recession. Government of Latvia decided to compensate the decline by increasing rates of several taxes including excise tax on strong alcohol. The total increase in 2009 constituted 42% and the rate increased from 896€ to 1 266€ for 100l of absolute alcohol. Since then this has had a negative impact on consumption volumes and t...