haku: @indexterm CORPORATE BUYING / yhteensä: 48
viite: 7 / 48
| Tekijä: | Erickson, M. |
| Otsikko: | The effect of taxes on the structure of corporate acquisitions |
| Lehti: | Journal of Accounting Research
1998 : AUTUMN, VOL. 36:2, p. 279-298 |
| Asiasana: | ACCOUNTING RESEARCH TAXATION CORPORATE BUYING |
| Kieli: | eng |
| Tiivistelmä: | This paper analyses the tax and nontax implications of corporate acquisition method for acquiring firms, target firms, and target shareholders. The results indicate that the acquiring firm's tax and nontax characteristics significantly affect transaction structure, but the data provide almost no support for the conclusion that potential target shareholder capital gains tax liabilities or target firm tax and nontax characteristics influence acquisition structure. Built-in target shareholder capital gains are not large on average and target shares turn over quickly, indicating that the benefits of tax deferral are modest. |
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