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Dividend Taxes and International Portfolio Choice
16 references·0 citing·49 second hop
Dividend Taxes and International Portfolio Choice (2008)Dividend Taxes and International Portfoli…Do Dividend Clienteles Exist? Evidence on Dividend Preferences of Retail Investors (2006)Do Dividend Clienteles Exist?…What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide (2005)What Determines the Domestic …Institutional Holdings and Payout Policy (2005)Institutional Holdings and Pa…Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut (2005)Dividend Taxes and Corporate …Optimal Asset Location and Allocation with Taxable and Tax‐Deferred Investing (2004)Optimal Asset Location and Al…Information costs and home bias: an analysis of US holdings of foreign equities (2004)Information costs and home bi…Do after-tax returns affect mutual fund inflows? (2002)Do after-tax returns affect m…A New Database on the Structure and Development of the Financial Sector (2000)A New Database on the Structu…The Quality of Government (1999)The Quality of GovernmentCan the Gains from International Diversification Be Achieved without Trading Abroad? (1999)Can the Gains from Internatio…Wealth and portfolio composition: Theory and evidence (1998)Wealth and portfolio composit…The Quality of Goverment (1998)The Quality of GovermentThe effect of personal taxes and dividends on capital asset prices (1979)The effect of personal taxes …Dividends and taxes (1978)Dividends and taxesTAXES, MARKET VALUATION AND CORPORATE FINANCIAL POLICY (1970)TAXES, MARKET VALUATION AND C…Proportional Income Taxation and Risk-Taking (1944)Proportional Income Taxation …CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)Fundamentals and Stock Returns in Japan (1991)Alternative factor specifications, security characteristics, and the cross-section of expected stock returns1We are especially grateful to Eugene Fama (a referee), an anonymous referee and Bill Schwert (the editor) for insightful and constructive suggestions. We also thank Wayne Ferson, Ken French, Will Goetzmann, Craig Holden, Ravi Jagannathan, Bob Jennings, Bruce Lehmann, Josef Lakonishok, Richard Roll, participants at the 1997 Meetings of the Western Finance Association, the 1997 UCLA/USC/UC Irvine conference, the November 1997 Asset Pricing Meeting of the National Bureau of Economic Research, the Atlanta Forum, and seminars at Columbia, Indiana, Florida, New York, Tulane, and Yale Universities; Eugene Fama and Ken French for providing part of the data used in this study; and Christoph Schenzler for excellent programming assistance. The second author acknowledges support from the Dean's Fund for Research and the Financial Markets Research Center at Vanderbilt University. We are responsible for remaining errors. This paper was formerly titled `A Re-Examination of Security Return Anomalies'.1 (1998)Liquidity and stock returns: An alternative test (1998)Legal Determinants of External Finance (1997)Law and Finance (1998)Investor protection and corporate governance (2000)Home Bias, Foreign Mutual Fund Holdings, and the Voluntary Adoption of International Accounting Standards (2006)Shareholders at the Gate? Institutional Investors and Cross-Border Mergers and Acquisitions (2009)The world price of liquidity risk (2010)Dividend Policy, Growth, and the Valuation of Shares (1961)Job Market Signaling (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Some anomalous evidence regarding market efficiency (1978)Efficient Capital Markets: II (1991)Is Information Risk a Determinant of Asset Returns? (2002)Corporate Ownership Around the World (1999)Emerging markets finance (2003)Do Domestic Investors Have an Information Advantage? Evidence from Indonesia (2005)The World of Cross-Listings and Cross-Listings of the World: Challenging Conventional Wisdom (2006)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)A Survey of Corporate Governance (1997)Income Inequality in the United States, 1913-1998 (2003)Trade-Off and Pecking Order Theories of Debt (2005)Capital structure and international debt shifting (2008)Trade-Off and Pecking Order Theories of Debt**We thank Long Chen, Sudipto Dasgupta, Espen Eckbo, Chris Hennessy, Jay Ritter, Michael Roberts, Tan Wang, and Jaime Zender for comments and helpful discussions. Murray Frank thanks Piper Jaffray for financial support. Vidhan Goyal thanks the Research Grants Council of the Hong Kong Special Administrative Region for financial support (Project No. 6489/06H). The literature on capital structure is vast, containing hundreds of papers, and so we cannot hope to cover it all. Inevitably, we have left out a great deal, much of it very important. As such, we apologize in advance for our inevitable oversights. Even more than usual, it must be stressed that this survey reflects only our views. (2008)Financial Development and Economic Growth: Views and AgendaFinance and Growth: Schumpeter Might Be Right (1993)Financial Dependence and Growth (1996)What Drives Bank Competition? Some International Evidence (2004)Bank concentration, competition, and crises: First results (2005)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)Large Shareholders and Corporate Control (1986)Agency costs of free cash flow, corporate finance, and takeovers (1996)The evolving relation between earnings, dividends, and stock repurchases (2007)Corporate Governance and Institutional Ownership (2010)Is working capital management value-enhancing? Evidence from firm performance and investments (2014)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Does Academic Research Destroy Stock Return Predictability? (2015)The Middle Class Consensus and Economic Development (2000)Are women really the “fairer” sex? Corruption and women in government (2001)A free press is bad news for corruption (2002)INDIVIDUAL INVESTOR RISK AVERSION AND INVESTMENT PORTFOLIO COMPOSITION (1975)On the Measurement of Poverty (1987)Capital tax competition: bane or boon (2003)
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References

  • 2000A New Database on the Structure and Development of the Financial Sector1,712 cited
  • 1979The effect of personal taxes and dividends on capital asset prices1,212 cited
  • 1998The Quality of Goverment915 cited
  • 2005What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide893 cited
  • 2004Information costs and home bias: an analysis of US holdings of foreign equities816 cited
  • 1970TAXES, MARKET VALUATION AND CORPORATE FINANCIAL POLICY796 cited
  • 1944Proportional Income Taxation and Risk-Taking786 cited
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  • 2005Institutional Holdings and Payout Policy756 cited
  • 2005Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut522 cited
  • 1999The Quality of Government492 cited
  • 2006Do Dividend Clienteles Exist? Evidence on Dividend Preferences of Retail Investors492 cited
  • 1999Can the Gains from International Diversification Be Achieved without Trading Abroad?365 cited
  • 2002Do after-tax returns affect mutual fund inflows?312 cited
  • 2004Optimal Asset Location and Allocation with Taxable and Tax‐Deferred Investing287 cited

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  • 1998Wealth and portfolio composition: Theory and evidence267 cited
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