Taxation, dividend payments and ex-day price-changes
2009 (English)In: Multinational Finance Journal, ISSN 1096-1879, Vol. 13, no 1/2, 141-160 p.Article in journal (Refereed) Published
The purpose of the paper is to study the effect of taxation on dividend payments and ex-dividend price-changes in Sweden during 1991-1995. Tax changes in Sweden during the 1990s were implemented in such a way that they provide an opportunity to include direct measures of the tax-treatment of dividends and capital gains in the empirical analysis, in contrast to previous studies. The results indicate that tax-reforms can have large effects on dividend payments, while the effects on ex-dividend price-changes are less conclusive.
Place, publisher, year, edition, pages
EBSCO Industries, Inc. , 2009. Vol. 13, no 1/2, 141-160 p.
censoring, dividend, taxation
Research subject Economics
IdentifiersURN: urn:nbn:se:umu:diva-26714OAI: oai:DiVA.org:umu-26714DiVA: diva2:273593