The 2003 dividend tax cut is scheduled to expire in 2010, but President Bush continues to urge Congress to make it … permanent. President Bush argues that the dividend tax cut promotes long-term economic growth, stimulates the economy, makes the … evaluates the various rationales President Bush offered to justify the dividend tax cut, with an emphasis on the long …

In this paper, we test the old view and the new view of dividend taxation using a new set of evidence from a unique … investors react positively to the news of an anticipated dividend tax cut. The positive market reaction is more pronounced for … to opt for the dividend tax cut. Using a difference-in-differences analysis, we document that corporate investment …

We develop a dynamic general equilibrium model to study the impact of the 2003 dividend and capital gains tax cuts. In … adjustment costs, equity issuance costs, and collateral constraints. We show that when the dividend and capital gains tax cuts … are unexpected and permanent, dividend payments, equity issuance, and aggregate investment rise immediately. By contrast …

The article analyses inter-dependencies between dividend, capital structure, and cost of capital, factoring the … concentrated ownership. Dividend, leverage, and average cost of capital are inter-linked. However, family firms pay lower dividends …

few families. These business groups are often organised around a holding company. We analyse the dividend payouts of … the effects of several control-enhancing mechanisms (CEMs) on dividend payouts. We use precise quantitative proxies for … business group companies have lower dividend payouts as the divergence between control and ownership rights widens and the …

tax rates on individual dividend income from zero to 28 percent. We document strong timing effects on dividend payout on a … corporations' debt-equity ratios. The debt ratios drop sharply after the implementation of the reform. -- Neutral dividend tax …