Thus, tax shields are created and they have significant value.

因此，税盾是创造和他们有重要的价值。

youdao

The empirical studies show that: (1) asset liquidity, growth, collateral and non-debt tax shields are negatively related to leverage;

资产流动性、成长性、资产担保价值、非债务税盾与杠杆负相关；

youdao

The empirical studies show that: (1) asset liquidity, growth, collateral and non-debt tax shields are negatively related to leverage;

资产流动性、成长性、资产担保价值、非债务税盾与杠杆负相关；

youdao