The leasing equation in a general tax environment: a note

P. Doran and C. Clubb

The European Journal of Finance, 1995, vol. 1, issue 2, 203-206

Abstract: This note demostrates that the traditional method of evaluating a lease is consistent with shareholder wealth maximization and that it is not necessary for the company to take into account details of its shareholders' personal taxation when making the lease or purchase decision.

Keywords: leasing; personal taxes (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1080/13518479500000016

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