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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Laureano, L. & Márcio Telles Portal (2016). Does Brazilian Allowance for Corporate Equity Reduce the Debt Bias? Evidences of Rebound Effect and Ownership-Induced ACE Clientele. EnANPAD 2016.
Exportar Referência (IEEE) 
L. M. Laureano and M. T. Portal,  "Does Brazilian Allowance for Corporate Equity Reduce the Debt Bias? Evidences of Rebound Effect and Ownership-Induced ACE Clientele", in EnANPAD 2016, Costa do Sauípe - BA, 2016
Exportar BibTeX 
@misc{laureano2016_1714714600751,
	author = "Laureano, L. and Márcio Telles Portal",
	title = "Does Brazilian Allowance for Corporate Equity Reduce the Debt Bias? Evidences of Rebound Effect and Ownership-Induced ACE Clientele",
	year = "2016",
	howpublished = "Outro",
	url = "http://www.anpad.org.br/~anpad/eventos.php?cod_evento=1&cod_evento_edicao=83"
}
Exportar RIS 
TY  - CPAPER
TI  - Does Brazilian Allowance for Corporate Equity Reduce the Debt Bias? Evidences of Rebound Effect and Ownership-Induced ACE Clientele
T2  - EnANPAD 2016
AU  - Laureano, L.
AU  - Márcio Telles Portal
PY  - 2016
CY  - Costa do Sauípe - BA
UR  - http://www.anpad.org.br/~anpad/eventos.php?cod_evento=1&cod_evento_edicao=83
AB  - We analyse if the Brazilian Allowance for Corporate Equity (ACE-type system) reduces
the debt tax bias. Specifically, we study if the continuous treatment effect of interest on
equity negatively affects the level of financial leverage. We find that the tax policy
implemented is similar to the deductible cash dividends and not to an ACE. The
empirical implication is that the interest on equity treatment increases the debt tax bias,
producing a rebound effect to what is expected for this policy on the risk-taking
behaviour and corporate capital structure. This rebound effect is homogeneous in firms
with different financial constraints status. There are evidences that shareholders
influence the cash distribution policy, adjusting the later to their own tax preferences.
ER  -