Canada (S&P/TSX composite index firms), supporting a dividend tax premium being capitalized into stock returns. While our … dividend and capital gains tax rates is substantially smaller relative to the differences used in the long time series US …

In order to examine non-linear predictability of the US and Japanese dividend-yield ratio, smooth transition regression … of non-linear risk aversion. Our findings support non-linearity in the US and Japanese dividend yield that might be …

This paper examines and compares the dividend policies of American depository receipt (ADR) firms and U.S. firms and … identifies the factors that determine these policies for both types of companies. We find that ADR firms have higher dividend … comparisons and multivariate analysis show that the determining factors of dividend payout and stock repurchases differ between …