Subchapter S, An Entrepreneurial Survival Strategy for Small Banks
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Subchapter S, An Entrepreneurial Survival Strategy for Small Banks

        

Subchapter S, An Entrepreneurial Survival Strategy for Small Banks

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With the passage of the Small Business Job Protection Act of 1996, many small banks throughout the United States became eligible to reorganize as a Subchapter S corporation. This allows these banks to eliminate double taxation, and increase shareholder value. Consequently, employing this entrepreneurial survival tool extends “new life” to the small bank. Accompanying this strategy are differences in corporate governance, primarily more concentration of ownership. Thus, this paper examines the... More
Material Type: Open Journal-Article
Technical Format: PDF
Date Added to MERLOT: March 25, 2011
Date Modified in MERLOT: August 06, 2014
Authors:
Submitter: Howard Kuan

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Primary Audience: College Upper Division, Graduate School, Professional
Mobile Compatibility: Not specified at this time
Language: English
Cost Involved: no
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