Taxation and Corporate Pension Policy
分析税收如何影响公司最优养老金政策，结论是公司应全额资助养老金计划并将基金全部投资于债券。
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.