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Full-Text Articles in Business

Nashville's Printing And Publishing Sector: A Historical And Empirical Study And Its Impact Upon The Region, David Carr Apr 1993

Nashville's Printing And Publishing Sector: A Historical And Empirical Study And Its Impact Upon The Region, David Carr

Mahurin Honors College Capstone Experience/Thesis Projects

Urban economics, like all other fields of economics, is a science. A region must be identified, then dissected and analyzed, if one is to determine what gives it life. A study of Nashville, for example. reveals that it depends upon far more than country music for its economic survival. Indeed, the city is a complex organism made of components that must complement each other to insure their existence. One of the most important aspects of Nashville's stability is its locale. Its centralized location, much like a heart, is serviced by arteries of railroads, highways, airways, and river routes. Because of …


Taxing Prometheus: How The Corporate Interest Deduction Discourages Innovation And Risk-Taking, Michael S. Knoll Jan 1993

Taxing Prometheus: How The Corporate Interest Deduction Discourages Innovation And Risk-Taking, Michael S. Knoll

All Faculty Scholarship

This paper uses recent developments in the theory of optimal capital structure to demonstrate how the federal corporate income tax with an interest deduction, but without a corresponding dividend deduction, misallocates capital within the corporate sector by encouraging investment in low-risk, low-growth projects employing tangible assets over high-risk, high-growth projects employing intangible assets.