foreign equity markets affect the firm's relative cost and availability of capital, and motivate a firm's engagement in FDI. …

human capital interactions, and (ii) possible externalities in the use of IT. Examining, hypothetically, the statistical …

We survey the literature on venture capital and institutions and present a case study comparing the development of the … venture capital market in the US to Sweden. Our literature survey underscores that the legal environment, financial market … capital activities across countries. Our case study suggests these institutional differences led to the later development of …

In times of inflation, most existing systems of taxation introduce new distortions into the allocation of resources. In … this paper, the effects of inflation via taxes on the firm's east of capital are analyzed. The taxes considered are the … corporate income tax and household taxes on dividends and capital gains. The first part of the paper presents the model of a …

the economy, implied by the present double taxation of corporate source income. A common feature of these studies is the … assumption that the retention of corporate profits gives rise to capital gains on a one-for-one basis. By this assumption, the … tax burden on retained earnings is identified with the tax on capital gains. <p> In view of the preferential tax treatment …

derived from standard models of capital taxation when applied to entrepreneurial income. Some of the defining features of … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well … cannot be readily divided into labor and capital income, in stark contrast to what is assumed in standard taxation theory …