scispace - formally typeset
Open Access

Distribution of incomes of corporations among dividends, retained earnings and taxes

J Lintner
- Vol. 46, Iss: 2, pp 97-113
Reads0
Chats0
TLDR
Lintner as discussed by the authors discusses the distribution of income of corporations among dividends, retained earnings, and taxes in the context of the Sixtyeighth Annual Meeting of the American Economic Association.
Abstract
Distribution of Incomes of Corporations Among Dividens, Retained Earnings, and Taxes Author(s): John Lintner Source: The American Economic Review, Vol. 46, No. 2, Papers and Proceedings of the Sixtyeighth Annual Meeting of the American Economic Association, (May, 1956), pp. 97-113 Published by: American Economic Association Stable URL: http://www.jstor.org/stable/1910664 Accessed: 26/06/2008 14:06

read more

Citations
More filters
Journal ArticleDOI

Time-varying short-horizon predictability ☆

TL;DR: In the G7 countries, the short-horizon performance of aggregate return predictors such as the dividend yield and the short rate appears non-existent during business cycle expansions but sizable during contractions as mentioned in this paper.
Posted Content

Dividend variability and variance bounds tests for the rationality of stock market prices

TL;DR: In this article, the authors analyze the variance-bound methodology used by Shiller and conclude that this approach cannot be used to test the hypothesis of stock market rationality, and they conclude that the empirical properties of the stochastic model I posit come close to resembling the empirical determinants of today's real-world markets.
Journal ArticleDOI

Corporate governance, dividend payout policy, and the interrelation between dividends, R&D, and capital investment

TL;DR: In this paper, the authors investigated the relationship between dividends and the ownership and control structure of the firm and found that firms with low growth opportunities optimally disgorge cash irrespective of who controls the firm.
Posted Content

Dividends and Share Repurchases in the European Union

TL;DR: In this article, the authors examined the evolution of cash dividends and share repurchases from 1989 to 2005 in the fifteen nations that were members of the European Union before May 2004, and found that the fraction of European firms paying dividends declines over this period, while total real dividends paid increase significantly.
Journal ArticleDOI

Business Groups and Risk Sharing Around the World

TL;DR: This paper examined the hypothesis that business groups facilitate mutual insurance among affiliated firms and found substantial evidence of risk sharing by Japanese, Korean, and Thai groups but little evidence of it elsewhere, and no correlation between measures of capital market development and the nature of the legal system.
Related Papers (5)