|Konrad, Kai A. (1991): The decision to go public, accrued capital gains and taxation. In: Economics Letters, Vol. 37, No. 4: pp. 439-445|
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.
|Faculties:||Economics > Chairs > MPI for Tax Law and Public Finance|
|Subjects:||300 Social sciences > 330 Economics|
|Deposited On:||09. Dec 2014 16:05|
|Last Modified:||09. Dec 2014 16:05|