Unlocking the Value of Debt Tax Shield: A Game Changer!
The article "Valuing the Debt Tax Shield" by Ian Cooper and Kjell G. Nyborg discusses how to calculate the financial benefit of having debt in a company due to tax deductions. The researchers explore different methods to determine the value of this tax advantage. They found that the debt tax shield can significantly impact a company's overall value and should be considered when making financial decisions.