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Capital Gains Taxes and Stock Reactions to Quarterly Earnings Announcements

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NBER2000-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7644
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资源简介:
This paper examines the impact of capital gains taxes on equity pricing. Examining three-day cumulative abnormal returns for quarterly earning announcements from 1983-1997, we present evidence consistent with shareholders' capital gains taxes affecting stock price responses. To our knowledge, this
提供机构:
美国国家经济研究局
创建时间:
2000-04-01
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