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Dividend Taxes and Firm Valuation: New Evidence
4 references·9 citing·48 second hop
Dividend Taxes and Firm Valuation: New Evidence (2006)Dividend Taxes and Firm Valuation: New Ev…The 2003 Dividend Tax Cuts and the Value of the Firm: An Event Study (2005)The 2003 Dividend Tax Cuts an…Dividend Taxes and Corporate Behavior: Evidence From the 2003 Dividend Tax Cut* (2005)Dividend Taxes and Corporate …Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut (2005)Dividend Taxes and Corporate …Taxation and Corporate Payout Policy (2004)Taxation and Corporate Payout…Corporate dividend smoothing: The role of cross-listing (2021)Corporate dividend smoothing:…Capital gains taxation and the cost of capital: Evidence from unanticipated cross-border transfers of tax base (2018)Capital gains taxation and th…Measuring Tax-Sensitive Institutional Investor Ownership (2017)Measuring Tax-Sensitive Insti…Intangible investment and Ramsey capital taxation (2013)Intangible investment and Ram…Did the 2003 Tax Act Increase Capital Investments by Corporations? (2013)Did the 2003 Tax Act Increase…Dividend Taxes and International Portfolio Choice (2010)Dividend Taxes and Internatio…How Did the 2003 Dividend Tax Cut Affect Stock Prices? (2008)How Did the 2003 Dividend Tax…Ex-Dividend Day Price and Volume: The Case of 2003 Dividend Tax Cut (2008)Ex-Dividend Day Price and Vol…Dividend Taxation and Intertemporal Tax Arbitrage (2008)Dividend Taxation and Interte…DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Economic Effects of Dividend Taxation (1984)Investment, Overhang, and Tax Policy (2004)Do Managers Do Good with Other People's Money? (2013)The Evolution of Corporate Cash (2018)Risk measurement when shares are subject to infrequent trading (1979)The Econometrics of Financial Markets (1997)What drives value creation in investment projects? An application of sensitivity analysis to project finance transactions (2009)Debt and Taxes: Evidence from the Real Estate Industry (2012)Four facts about dividend payouts and the 2003 tax cut (2012)The Econometrics of Financial Markets (2012)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)Dividend Policy, Growth, and the Valuation of Shares (1961)Marginal Stockholder Tax Rates and the Clientele Effect (1970)Trading Volume, Information Asymmetry, and Timing Information (2005)Do Tax Law Changes Influence Ex‐Dividend Stock Price Behavior? Evidence from 1926 to 2005 (2010)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)The Effect of Shareholder-Level Taxes on Organizational Form and Stock Ownership: Evidence from Equity Carve-Outs of Master Limited Partnerships (2018)The Value of ETF Liquidity (2020)Agency costs of free cash flow, corporate finance, and takeovers (1996)Disappearing dividends: changing firm characteristics or lower propensity to pay? (2001)Tax and Corporate Governance: An Economic Approach (2008)Tax Changes and Asset Pricing (2009)Dividend and Corporate Taxation in an Agency Model of the Firm (2010)A New Database on Financial Development and Structure (1999)The quality of government (1999)A New Database on the Structure and Development of the Financial Sector (2000)International diversification during the financial crisis: A blessing for equity investors? (2013)Taking the Long Way Home: U.S. Tax Evasion and Offshore Investments in U.S. Equity and Debt Markets (2013)Do foreign investors improve informational efficiency of stock prices? Evidence from Japan (2014)Risk and return: The case of merging firms (1974)Special Information and Insider Trading (1974)Did the 2003 Tax Act Reduce the Cost of Equity Capital? (2006)Japan’s banking crisis: An event-study perspective (2007)Taxing Corporate Income (2008)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Owner-Level Taxes and Business Activity (2016)Taxation and the Life Cycle of Firms (2019)Where Does Multinational Investment Go with Territorial Taxation? Evidence from the United Kingdom (2020)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)
this work references cited by second hop

References

  • 2005Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut522 cited
  • 2004Taxation and Corporate Payout Policy193 cited
  • 2005Dividend Taxes and Corporate Behavior: Evidence From the 2003 Dividend Tax Cut*162 cited
  • 2005The 2003 Dividend Tax Cuts and the Value of the Firm: An Event Study98 cited

Cited by

  • 2010Dividend Taxes and International Portfolio Choice82 cited
  • 2008How Did the 2003 Dividend Tax Cut Affect Stock Prices?62 cited
  • 2008Ex-Dividend Day Price and Volume: The Case of 2003 Dividend Tax Cut44 cited
  • 2017Measuring Tax-Sensitive Institutional Investor Ownership41 cited
  • 2013Did the 2003 Tax Act Increase Capital Investments by Corporations?39 cited
  • 2021Corporate dividend smoothing: The role of cross-listing29 cited
  • 2013Intangible investment and Ramsey capital taxation27 cited
  • 2008Dividend Taxation and Intertemporal Tax Arbitrage26 cited
  • 2018Capital gains taxation and the cost of capital: Evidence from unanticipated cross-border transfers of tax base24 cited

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