Arbeitspapier
Dissecting dividend decisions: Some clues about the effects of dividend taxation from recent UK reforms
We present empirical evidence which suggests that a big increase in dividend taxation for UK pension funds in July 1997 affected the form in which some UK companies chose to make dividend payments, but otherwise had limited effects on both the level of dividend payments and the level of investment. These findings are consistent with a version of the 'new view' of dividend taxation. We also identify a group of firms whose dividend choices are difficult to reconcile with (stock market) value maximisation.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFS Working Papers ; No. 05/17
- Klassifikation
-
Wirtschaft
- Thema
-
Dividende
Kapitalertragsteuer
Pensionskasse
Großbritannien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bond, Stephen R.
Devereux, Michael P.
Klemm, Alexander
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for Fiscal Studies (IFS)
- (wo)
-
London
- (wann)
-
2005
- DOI
-
doi:10.1920/wp.ifs.2005.0517
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bond, Stephen R.
- Devereux, Michael P.
- Klemm, Alexander
- Institute for Fiscal Studies (IFS)
Entstanden
- 2005
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