Generationsskifte

Christian Dohn & Kim Nørgaard

Student thesis: Master thesis

Abstract

The object of this thesis is to study the rules/implications/considerations in connection with generational change of a company. The thesis has a theoretical view and deals with different models of generational change, which can be used connected to generational change in Denmark, taking focus in the present legislation and scientific literature within the area. A generational change will almost always have an effect on the work in the company in one way or another. This is caused by larger reconstructions being taken to assume an optimal generational change. The involved parts do have the possibility by using the discussed models to try to affect the work in such a positive way as possible. In generational change there are many considerations, such as being aware of the "soft values", but also a lot of thoughts concerning the continued work and the fiscal aspects. That’s why it must be concluded, that it is not possible to point out a model, which is the most optimal. An individual valuation must be made in each single situation, because there are too many parameters which can be changed from one situation to the next. The thesis lets the reader get an insight to the possibilities/limitations and advantages/disadvantages, which may occur, connected to preparing restructuring previous to a coming or present generational change. The thesis starts with general consideration regarding generational change of a company such as overall target of a generational change and planning of a generational change, followed by consequences concerning the accounts where we will list the opportunities and different rules concerning this. Afterword it is described, taking basis in the "Merge directive" and internal legal basis in Danish law, the most ordinary models of reconstruction of generational change in companies. • Tax free – Share convert • Tax free – Split • Tax free – Injection of assets The three different models will be run through via a theoretical analysis, and the most important rules and ways of presenting the problems in the different models will be accentuated, to make it easier to increase the theory. After presenting the essential rules and problems in the different models, we will then look at the tax- and duty rules accentuate the essential advantages and disadvantages in the different models. Finally we will compare the different models and come up with an overall timeline, a structure for the process and prose and cons.

EducationsMSc in Auditing, (Graduate Programme) Final Thesis
LanguageDanish
Publication date2009
Number of pages123