Private independent limited partnership venture capital funds receive capital from institutional investors, without tax … Labour Sponsored Venture Capital Corporations (LSVCCs) receive capital only from individual investors who receive tax breaks … governance and tax incentives: (1) on the distribution of venture capital funding between private and LSVCC funds; (2) on the …

global games methodologies. Contingent convertible bonds are meant to act as a bail-in mechanism for banks, where CoCo debt …

’ possibilities of engaging in tax planning via debt shifting. This paper analyzes the effects of thin capitalization rules in the …

We examine how investor-level tax incentives affect financing for start-ups using the introduction of a generous tax … deduction for qualified angel and VC investment in China as a quasi-natural experiment. We find that the tax incentive increases … funding for eligible start-ups, with stronger responses from larger and more experienced investors. The tax incentive leads to …

This short article studies the tax effects on a start-up investment decision under uncertainty. Since the … deadweight loss (namely, the ratio between the welfare loss and tax revenue) ranges from 25 to 32%, whereas mature firms face a …

-up investment decisions. We find that, although tax rates are usually higher than the developed countries’ ones, taxation has an …

This paper considers the implications of asymmetric information in capital markets for entrepreneurial entry and tax … tax policy should discourage rather than subsidize entrepreneurial entry. We also nalyse the welfare effects of project …