Local Dividend Clienteles
收藏NBER2009-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15175
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资源简介：
We exploit demographic variation to identify the effect of dividend demand on corporate payout policy. Retail investors tend to hold local stocks and older investors prefer dividend-paying stocks. Together, these tendencies generate geographically-varying demand for dividends. Firms headquartered in
提供机构：
美国国家经济研究局
创建时间：
2009-07-01
