The Effect of Succession Taxes on Family Firm Investment : Evidence from a Natural Experiment

  • Margarita Tsoutsoura
  • Published 2010
This paper exploits a natural experiment to study the effect of succession taxes on firm succession and investment decisions. The experiment is made possible by the Greek government’s decision to abolish its high tax on intra-family transfers of businesses in 2002. This change in tax policy is used to identify the effect on investment using two… (More)