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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Bibliographic Details
Main Author: WU, Chunchi
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1996
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/856
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Institution: Singapore Management University
Language: English
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