Master Limited Partnerships: A Non-Parametric Examination to Find An Incentive For Formation

dc.contributor.advisorPayne, Janet
dc.contributor.authorMcDowell, Brett
dc.contributor.committeeMemberChittenden, William
dc.date.accessioned2011-06-28T15:44:13Z
dc.date.available2012-02-24T10:11:32Z
dc.date.issued2011-05
dc.description.abstractOver the last half century Master Limited Partnerships, MLPs, have provided investors with a unique investment opportunity. This type of business structure has become increasingly popular within industries of low growth and sufficient continuous cash flow with the majority of them residing within the oil and gas industry. In order to maintain their MLP status these organizations are required to report 90% of their revenue from transporting some type of natural resource. MLPs are unique in that they are registered as limited partnerships while also having a portion of their units publicly traded. This puts them in a similar category as corporate stock while avoiding the double taxation consequences suffered by dividend recipients. So why is it that not all eligible companies choose this particular structure and are there any other benefits in conjunction to tax minimization? Within this paper we conduct a non-parametric analysis to decipher what, if any, benefits MLPs might have in comparison to their corporate counterparts.
dc.description.departmentHonors College
dc.formatText
dc.format.extent30 pages
dc.format.medium1 file (.pdf)
dc.identifier.citationMcDowell, B. (2011). Master limited partnerships: A non-parametric examination to find an incentive for formation (Unpublished thesis). Texas State University-San Marcos, San Marcos, Texas.
dc.identifier.urihttps://hdl.handle.net/10877/3326
dc.language.isoen
dc.subjectmaster limited partnerships
dc.subjectnon-parametric study
dc.subjectHonors College
dc.titleMaster Limited Partnerships: A Non-Parametric Examination to Find An Incentive For Formation
thesis.degree.departmentHonors College
thesis.degree.disciplineFinance and Economics
thesis.degree.grantorTexas State University-San Marcos
txstate.documenttypeHonors Thesis

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