mean of positive dividend payments a semi-elasticity of -1.6 is derived. -- Dividend policy ; taxes ; lintner model …This paper explores the impact dividend taxes exert on the dividends repatriated from foreign affiliates to their … German parent company. Based on an augmented Lintner model of firms' dividend payout decisions, the paper focusses on cross …

mean of positive dividend payments a semi-elasticity of -1.6 is derived …This paper explores the impact dividend taxes exert on the dividends repatriated from foreign affiliates to their … German parent company. Based on an augmented Lintner model of firms' dividend payout decisions, the paper focusses on cross …

The paper examines the effect of dividend taxation on employment and productivity. I exploit a dividend tax cut of 10 …% and wages by 2% relative to unconstrained firms whose investment decisions are unaffected by dividend taxes. My findings … indicate that dividend taxes constrain firms in investing efficiently. Higher taxes can result in lower capital and labor input …

mean of positive dividend payments a semi-elasticity of -1.6 is derived …This paper explores the impact dividend taxes exert on the dividends repatriated from foreign affiliates to their … German parent company. Based on an augmented Lintner model of firms' dividend payout decisions, the paper focusses on cross …