ODOWA
Accueil Inscription Contact

Study Says Gifts of Stock Precede Sharp Price Dips

Top corporate executives often make large gifts of their company's stock to their family foundations shortly before the stock price drops sharply, according to a new study by a New York University professor. As a result, the executives are able to claim the maximum possible tax deduction and escape capital gains taxes. The research by David L. Yermack, a professor of finance at the Stern School of Business at New York University, also found patterns to suggest that some gifts of stock might have been backdated to enhance th... lire la suite

Lien du post: http://dealbook.blogs.nytimes.com/2008/03/05/study-says-gifts-of-stock-precede-sharp-price-dips/

Sur le même thème :