Does Business Income Tax Have an Effect on the Holding Behaviour of Institutional Investors? - Based on Experience Research of the Reform of Business Income Tax

DOI

10.2991/hsmet-17.2017.207How to use a DOI?

Keywords

business income tax, institutional investors, stock holding behaviors

Abstract

The impact of business income tax policy on the institutional investors in the capital market has not been paid extensive attention.This paper studies the problem under the situation of the implementation of new tax law in 2008. The analysis found that after the cancel of the deductible limit provisions of the equity investment, the institutional investor's holdings of stocks increased significantly. Moreover, different types of institutional investors will have different shareholding behaviors under the background of new tax law.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yanjun Xiang
AU  - Yuan Li
PY  - 2017/02
DA  - 2017/02
TI  - Does Business Income Tax Have an Effect on the Holding Behaviour of Institutional Investors? - Based on Experience Research of the Reform of Business Income Tax
BT  - Proceedings of the 2017 International Conference on Humanities Science, Management and Education Technology (HSMET 2017)
PB  - Atlantis Press
SP  - 1121
EP  - 1126
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-17.2017.207
DO  - 10.2991/hsmet-17.2017.207
ID  - Xiang2017/02
ER  -