Concepedia

Tax Shield Analysis

Tax Shield Analysis is a financial modeling construct that quantifies the tax savings derived from deductible expenses, particularly interest payments in leveraged transactions or depreciation in capital-intensive projects, within the context of capital budgeting or leveraged buyout modeling.

48

Publications

2K

Citations

68

Authors

54

Institutions

Publications per year

2017–2026

6

Parents

Publications

48

Reformulating Tax Shield Valuation: A Note

James A. Miles, John R. Ezzell · The Journal of Finance · 1985 · 190 citations

, , +8

The value of tax shields is NOT equal to the present value of tax shields

Pablo Fernández · Journal of Financial Economics · 2004 · 185 citations

, , +11

Valuation of the Debt Tax Shield

Deen Kemsley, Doron Nissim · The Journal of Finance · 2002 · 171 citations

, , +16

The value of tax shields IS equal to the present value of tax shields☆

Ian A. Cooper, Kjell G. Nyborg · Journal of Financial Economics · 2006 · 147 citations

, , +7

A Reconsideration of Tax Shield Valuation

Enrique R. Arzac, Lawrence R. Glosten · European Financial Management · 2005 · 138 citations

, , +9

1–5 of 48

Authors

68

  1. PF
    Pablo Fernández

    IESE Business School, Spain

    6 publications · 334 citations

    6

    h-index

  2. IV
    Ignacio Vélez–Pareja

    Duke University, United States

    5 publications · 104 citations

    5

    h-index

  3. JT
    Joseph Tham

    Western Washington University, United States

    4 publications · 95 citations

    4

    h-index

  4. NX
    Nicholas X. Wonder

    Western Washington University, United States

    4 publications · 95 citations

    4

    h-index

  5. IA
    Ian A. Cooper

    London Business School, United Kingdom

    2 publications · 187 citations

    2

    h-index

1–5 of 68

Institutions

54

  1. IESE Business School

    Barcelona, Spain

    6 h-index

    6 publications

    334 citations

  2. Western Washington University

    Bellingham, United States

    4 h-index

    5 publications

    114 citations

  3. Columbia University

    New York, United States

    3 h-index

    5 publications

    329 citations

  4. Universidad de Navarra

    Pamplona, Spain

    3 h-index

    3 publications

    227 citations

  5. Bocconi University

    Milan, Italy

    2 h-index

    6 publications

    204 citations

  6. London Business School

    London, United Kingdom

    2 h-index

    2 publications

    187 citations

  7. Norwegian School of Economics

    Bergen, Norway

    2 h-index

    2 publications

    187 citations

  8. University of St.Gallen

    Saint Gallen, Switzerland

    2 h-index

    5 publications

    146 citations

1–8 of 54

Venues

  1. SSRN Electronic Journal

    Repository · 13 publications · 278 citations

    11

    h-index

  2. European Financial Management

    5 publications · 254 citations

    5

    h-index

  3. The Journal of Finance

    5 publications · 471 citations

    5

    h-index

  4. Journal of Financial Economics

    2 publications · 332 citations

    2

    h-index

  5. The Quarterly Review of Economics and Finance

    QREF · 2 publications · 70 citations

    2

    h-index

1–5