Taxes and Dividend Policy
This paper examines the effect of differential personal taxation on corporate dividend policy. The temporal pattern of corporate dividend payout and dynamic dividend behavior are examined over a period with significant changes in the tax code. The paper finds that there are structural shifts in the...
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| Main Author: | |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
1996
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/856 |
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| Institution: | Singapore Management University |
| Language: | English |