Essays about: "closely held companies"

Showing result 11 - 12 of 12 essays containing the words closely held companies.

1. 11. Dividend decision in closely held companies - An event study of the Swedish 3:12 chapter tax code changes on Jan 1, 2006

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Mikael Lau; Pontus Norell; [2012]
   Keywords : 3:12 rules; Closely held companies; Dividends; Dividend decision; Swedish tax policy change;

   Abstract : In Sweden, owners of closely held companies are subject to a special set of tax rules regarding dividends and capital gains. The 3:12 rules that regulate the taxation of owners of closely held companies were implemented in 1991 alongside a dual tax system with different tax rates for investment income and labour income. READ MORE

3. 12. Privately held firms: A study of relative valuation in the Nordic region 1998-2005

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Andreas Bruzelius; Adam Lytle; [2006]
   Keywords : Private company discount; private companies; valuation multiples; relative valuation; marketability;

   Abstract : The notion that a closely held company all other things equal should attract a lower valuation compared to its publicly traded peers is widely accepted among both valuation professionals and academics. Limited marketability, lack of diversification for major shareholders and the monitoring benefits of public stock markets are some potential determinants of this discrepancy. READ MORE