Failures in Corporate Governance: Can the Corporation Tax Improve Efficiency?.

The well-known tax results obtained in the traditional model of investment are re-examined in a model of imperfect corporate governance. The corporation tax, the dividend tax and the capital gains tax have unconventional stock market and real effects which operate through the managerial compensation scheme.

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Year of publication:	2000
Authors:	Kannianen, V.
Institutions:	Politiikan ja Talouden Tutkimuksen Laitos, Valtiotieteellinen tiedekunta
Subject:	INVESTMENTS \| OWNERSHIP \| BUSINESS ORGANIZATION \| TAXATION

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Series:	University of Helsinki, Department of Economics.
Type of publication:	Book / Working Paper
Notes:	29 pages
Classification:	D23 - Organizational Behavior; Transaction Costs; Property Rights ; G32 - Financing Policy; Capital and Ownership Structure ; H20 - Taxation, Subsidies, and Revenue. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005660918