Journal of Finance Vol. 36 No. 1 1981
Taxation and Corporate Pension Policy
open access
Abstract
This paper focuses on the impact of taxes on optimal corporate pension policy. The analysis is based upon an integration of corporate and individual shareholder considerations. The major conclusions are that a company should fully fund its pension plan and should invest the pension fund totally in bonds.
- DOI
- 10.1111/j.1540-6261.1981.tb03530.x
- Volume
- 36
- Issue
- 1
- Pages
- 1-13
- Language
- en
- Sources
- openalex crossref