How do Investors’ Capital Gains Tax Rates Affect Equity Offering Prices? Evidence from Private Investments in Public Equity

Chemmanur, Thomas J.; Cheng, Agnes; Li, Zhi; Xie, Jing

doi:10.2139/ssrn.4568974

SSRN Journal

2023

DOI: 10.2139/ssrn.4568974

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How do Investors’ Capital Gains Tax Rates Affect Equity Offering Prices? Evidence from Private Investments in Public Equity

Thomas J. Chemmanur,

Agnes Cheng,

Zhi Li

et al.

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How do Investors’ Capital Gains Tax Rates Affect Equity Offering Prices? Evidence from Private Investments in Public Equity

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