Publication Type
Journal Article
Version
publishedVersion
Publication Date
12-1989
Abstract
We show that a certain class of progressive tax structure induces an optimal dividend policy which is autogressive in nature. The theoritical model is consistent with empirically observed dividend policies.
Discipline
Business | Corporate Finance | Finance and Financial Management
Research Areas
Finance
Publication
Economics Letters
Volume
31
Issue
3
First Page
269
Last Page
272
ISSN
0165-1765
Identifier
10.1016/0165-1765(89)90012-8
Publisher
Elsevier
Citation
Lim, Kian Guan.
Dividend Policy and Tax Structure. (1989). Economics Letters. 31, (3), 269-272.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/2243
Copyright Owner and License
Publisher
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1016/0165-1765(89)90012-8
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