Capital Gains Lock-In and Governance Choices
收藏NBER2014-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20176
下载链接
链接失效反馈官方服务：
资源简介：
Because of differences in accrued gains and investors' tax-sensitivity, capital gains "lock-in" varies across mutual funds even for the same stock at the same time. Using this variation, we show that tax lock-in affects funds' governance decisions. Higher tax lock-in decreases the likelihood a fund
提供机构：
美国国家经济研究局
创建时间：
2014-05-01
