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Persistent link: https://www.econbiz.de/10011696605
Bei einer Unternehmensbewertung nach IDW müssen grundsätzlich persönliche Einkommensteuern berücksichtigt werden. Nach dem früheren Anrechnungsverfahren (bis 2000) führten ausländische Einkünfte auf Ebene der Kapitalgesellschaft häufig zu steuerfreien Eigenkapitalzugängen. Bei...
Persistent link: https://www.econbiz.de/10010305894
Der Beitrag diskutiert die Auswirkungen einer nicht-residualen Ausschüttungspolitik auf die Modigliani/Miller-Anpassungsformeln in einer Welt differenzierter, Dividenden, Zinsen und Kursgewinne unterschiedlich behandelnder persönlicher Steuern. Entsprechende Einflüsse auf den Zusammenhang...
Persistent link: https://www.econbiz.de/10010427731
This study compares firms' dividend policy antecedents in four countries. The author surveys managers of 230 companies … from the USA, Canada, and Norway. The main antecedents of dividend policy in these countries are the level of current … little importance for Polish managers, as the history of dividend payouts in Polish-listed companies is brief. The …
Persistent link: https://www.econbiz.de/10011659890
This study analyzes the firm-specific factors affecting the dividend payout decisions of the companies whose shares are …-Bover/Blunder-Bond two-step system generalized method of moments, a statistically significant positive effect on dividend payout was found in … the relationship between the dividend payout of the previous year, the company's return on equity and the market value …
Persistent link: https://www.econbiz.de/10011996144
This paper analyzes whether the Financial Fair Play (FFP) regulations set by Union of European Football Associations (UEFA) have influenced the auditing fees charged to football clubs. In addition, it explores the determinants of audit fees. We used a two-sample t-test with equal variances to...
Persistent link: https://www.econbiz.de/10011996145
This paper attempts to understand the linkage of dividend decisions and investors’ perceptions within the context of … the Pakistani corporate sector. It is intended to proffer new evidence for designing dividend policies that satisfies … factors, patterns, processes and preferences for cash dividends. Results indicate that stability in the rate of dividend …
Persistent link: https://www.econbiz.de/10012022035
Within the sphere of financial management for Nigerian Deposit Money Banks (DMBs), the dividend payout ratio stands as …, macroeconomic influences, and mergers and acquisitions on the dividend payout ratio of five selected DMBs. Secondary data collected …, and bank size were positively associated with dividend payout ratio except leverage, which negatively affected dividend …
Persistent link: https://www.econbiz.de/10014632138
calculations were carried out using the methodology of taxonomic measure of investment attractiveness, as well as dividend premium …
Persistent link: https://www.econbiz.de/10012232581
We examine stock prices and the number of stocks traded around ex-dividend dates of German stocks with tax …-free dividend. Tax-free dividends are temporarily tax-exempt, as they reduce the initial purchasing price of a stock. With our … empirical results indicate that ex-date prices decline, on average, by the amount of the dividend. We do not find a significant …
Persistent link: https://www.econbiz.de/10013200305