I think the answer is yes. I would say it is a very similar strategy to that of corporate financial management and using financial leverage to improve returns and earnings.
US taxes treat corporate debt financing more favorably than corporate equity financing, which may be distorting companies towards higher leverage.
I think the answer is yes. I would say it is a very similar strategy to that of corporate financial management and using financial leverage to improve returns and earnings.
US taxes treat corporate debt financing more favorably than corporate equity financing, which may be distorting companies towards higher leverage.