This paper examines the impact of a major change in dividend taxation introduced in the UK in July1997. The reform was … funds. We analyse the behaviour of share pricesaround the ex-dividend day both before and after the reform to test clientele … consistentwith the distortions introduced by the tax system (before the reform dividend income was taxadvantagedin the UK). We also …

killings across space andtime which we use to generate estimates of the peace dividend. Theeconomic model suggests a somewhat …

strong family capitalism. We find that family firmsexhibit a higher propensity and level for both dividend payments and total … higher “taste for dividend payments” ifcompared to firms dominated by the founder (“founder-controlled firms”). Our results …

We propose an equity finance model with agency problems and investigate the relationship between dividend taxation and … inefficient investments. Contrary to both the old and the new view of dividend taxation, a fall in the dividend tax rate is found …