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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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资源简介:
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
创建时间:
2006-06-01
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