five

Dividends and Taxes

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NBER2006-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12292
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How do dividend taxes affect firm behavior and what are their distributional and efficiency effects? To answer these questions, the first problem is coming up with an explanation for why firms pay dividends, in spite of their tax penalty. This paper surveys three different models for why firms pay
提供机构:
美国国家经济研究局
创建时间:
2006-06-01
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