Over the years IUI has devoted considerable resources to research under the heading Taxes, Finance and Firm Behavior. Several such projects are currently in progress. In the summer of 1978 when the Institute was about to engage in an international project comparing capital income in various countries a small seminar was arranged at the IUI on a similar theme. The papers given at the seminar are presented in this volume. They cover the research frontier concerning corporate taxation and firm behavior and to some extent also finance.
After considerable updating, extension and revision these papers are now ready for publication. We are happy to include this volume in the Institute's conference series. We hope and believe it will catch considerable attention and interest.
