-related literature on dividends explores the implications of differential taxes on dividends and capital gains on stocks’ valuation and … firms’ propensity to pay out cash in the form of dividends. The issues investigated in this literature are of central … perspective, dividends should be minimized. We review the theoretical as well as empirical literature on Signaling …

distributed dividends then will be solved. From this it may be concluded that the current personal income tax system in Turkey …

In classical models the division of stock returns into dividends and capital gains has no "real" consequence for … capital gains, empirically measures the effect of dividends on investor consumption. Analysis of data from the Consumer … for total portfolio returns including dividends. Analysis of data from a discount brokerage shows that dividends are …

large panel of non-listed corporations, with a surge of dividends prior to 2006 and a sharp drop after. Mature firms are … more likely to pay dividends, and high asset growth increases the probability of retaining all earnings. Intertemporal … income shifting through the timing of dividends seems to be a drain on internal equity and cause increases in the …

large panel of non-listed corporations, with a surge of dividends prior to 2006 and a sharp drop after. Mature firms are … more likely to pay dividends, and high asset growth increases the probability of retaining all earnings. Intertemporal … income shifting through the timing of dividends seems to be a drain on internal equity and cause increases in the …

in shareholder tax rates. We predict that firms substituted dividends for repurchases, because the reduction in dividend …