The Effects of Taxes on Market Responses to Dividend Announcements and Payments: What Can we Learn from the 2003 Dividend Tax Cut?
收藏NBER2005-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11452
下载链接
链接失效反馈官方服务：
资源简介：
This paper investigates the effects of capital gains and dividend taxes on excess returns around announcements of dividend increases and ex-dividend days for U.S. corporations. Consistent with standard no-arbitrage conditions, we find that the ex-dividend day premium increased from 2002 to 2004 when
提供机构：
美国国家经济研究局
创建时间：
2005-07-01
