haku: @indexterm Dividends / yhteensä: 268
viite: 102 / 268
Tekijä: | Siddiqi, M. |
Otsikko: | An indirect test for dividend relevance |
Lehti: | Journal of Financial Research
1995 : SPRING, VOL. 18:1, p. 89-102 |
Asiasana: | FINANCE RESEARCH DIVIDENDS |
Kieli: | eng |
Tiivistelmä: | This paper provides an indirect test of dividend relevance conducted in periods that straddle the tax law changes effected by the Tax Reform Act of 1986. Using the abnormal ex-dividend day return to proxy for the tax penalty of dividends, the author finds a negative relation between changes in this tax penalty and the changes in dividends paid. |
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