The Clientele Effect and the Capitalization of Shareholder- Level Dividend Tax
碩士 === 國立中正大學 === 財務金融研究所 === 93 === In an efficient capital market, asset prices are determined by the present value of their net cash flows. All taxes on the related cash flows are priced and therefore suppress the asset prices. There has been extensive research on the impacts of dividend tax on s...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2005
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| Online Access: | http://ndltd.ncl.edu.tw/handle/99386413987675215518 |