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Dividend Taxation and Firm Performance with Heterogeneous Payout Responses

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NBER2023-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30808
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We analyze the short and long-run performance of firms that were differentially affected by a new tax on dividends in the lead-up to the Global Financial Crisis. We use exogenous policy variation for firms with different legal statuses and financial year-end dates to causally identify the policy
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2023-01-01
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