Back to Search
Start Over
TESTING OF LOCK-IN EFFECT AND CAPITAL GAINS TAXES IMPACT ON CORPORATE M&AS IN EU-COUNTRIES.
- Source :
-
International Multidisciplinary Scientific Conference on Social Sciences & Arts SGEM . 2014, p679-687. 9p. - Publication Year :
- 2014
-
Abstract
- The corporate M&A activity is affected by many factors where - based on the prior research - capital gains tax is one of them. The aim of this paper is to examine an existence of a negative relationship between corporate M&As and the lock-in effect in EU-countries. Our assumption will be verified by using a panel regression analysis with the number of M&As as a dependent variable and the capital gains taxes and other selected determinants as independent variables. Our research result could confirm that the negative relationship between dependent variable and capital gains taxes implies a negative impact on flexible corporate reorganization in the time of the crisis. The contribution of our research will be an assessment of influence of capital gains policy, the lock-in effect and selected determinants on the corporate M&As activity in EUcountries. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 23675659
- Database :
- Academic Search Index
- Journal :
- International Multidisciplinary Scientific Conference on Social Sciences & Arts SGEM
- Publication Type :
- Conference
- Accession number :
- 117051359