The decision to go public, accrued capital gains and taxation

Konrad, Kai A. (1991): The decision to go public, accrued capital gains and taxation. In: Economics Letters, Bd. 37, Nr. 4: S. 439-445

Abstract

The decision to go public is considered in a competitive capital market equilibrium with self-selection. Linear progressive taxes on capital gains accruing from public offerings can increase the incentives to go public. In this case the tax improves the risk allocation. © 1991.

• Dokumententyp: Zeitschriftenartikel
• Publikationsform: Publisher's Version
• Fakultät: Volkswirtschaft > Lehrstühle > MPI für Steuerrecht und Öffentliche Finanzen
• Themengebiete: 300 Sozialwissenschaften > 330 Wirtschaft
• ISSN: 0165-1765
• Sprache: Englisch