Effects of dividend tax reform on dividend behavior : a clientele theory approach

Clientele theory claims that investors have their own systematic preference to plan their dividend portfolios based on tax and transaction cost incurred. Due to that, companies need to decide on their dividend payout policy that can attract investors to invest in their company especially when di...

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Bibliographic Details
Main Authors: Ida Suriya Ismail, Mohd Rizal Palil, Rosiati Ramli, Mara Ridhuan Che Abdul Rahman
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2018
Online Access:http://journalarticle.ukm.my/20490/1/30082-102239-1-PB.pdf
http://journalarticle.ukm.my/20490/
https://ejournal.ukm.my/pengurusan/issue/view/1154
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Institution: Universiti Kebangsaan Malaysia
Language: English