What type of study is this?

This is a Generalized linear models study (also classified as: Observational).

Impact of Tax Burden on the Capital Structure of Brazilian Companies

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Analysis shows tax burden significantly influences corporate indebtedness in Brazilian firms, indicating its role in capital structure.

The tax burden is positively related to overall capital structure metrics in Brazilian companies, indicating a substantial effect.
Results from 8,533 observations confirm that tax burden enhances all forms of corporate indebtedness, supporting pre-stated hypotheses.
Generalized linear models were utilized to estimate relationships, revealing reliability without signs of endogeneity in findings.
Findings highlight the importance of tax burden within the Trade-Off theory framework, suggesting practical implications for corporate finance.

Almeida et al. (2025) studied this question.

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