Price, Volume, and Trading Behavior around the Ex-Dividend Day due to the 1998 Tax Reform: Evidence from Taiwan Stock Market
博士 === 國立中正大學 === 企業管理研究所 === 102 === This study examines the market reaction to the tax reform in Taiwan, where a dividend imputation tax system was introduced in 1998. The ‘tax effect’ hypothesis implies that ex-day abnormal returns are positively related to dividend yields, while ‘clientele effec...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/hrve23 |