The Consequences of Tax Sheltering: New Evidence from M&As
This paper takes a new approach to examine the economic consequences of tax sheltering. Specifically, it investigates whether and how the target’s non-sheltering status affects acquisition price and shareholders’ wealth in the context of mergers and acquisitions. Using a novel dataset which identifi...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2012
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Online Access: | https://ink.library.smu.edu.sg/soa_research/1129 |
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Institution: | Singapore Management University |
Language: | English |
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