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

Dividend Stickiness and Strategic Pooling

TL;DR: In this article, the authors argue that the tendency of managers to keep dividends unchanged implies that managers use a partially pooling dividend policy, and they offer a model that demonstrates how such a policy can evolve endogenously in equilibrium.
Journal ArticleDOI

On the Determinants and Dynamics of Dividend Policy

TL;DR: In this paper, the authors study the dividend policy of 48 firms listed on the Tunisian Stock Exchange during the period 1996-2002 and show that Tunisian firms rely on both current earnings and past dividends to fix their dividend payment.
Journal ArticleDOI

Control structures and payout policy

TL;DR: In this article, the authors examined whether or not divident policy is influenced by the firm's corporate control structure, investigating the relationship between the dynamics of earnings payout and the voting power enjoyed by different types of shareholders.
Book

Dynamic Models and Structural Estimation in Corporate Finance

TL;DR: In this paper, the authors propose dynamic Contingent and Claims Models and Discrete-Time Investment Models, respectively, to estimate structural and structural properties of the investment portfolio, respectively.
Journal ArticleDOI

Wage Rigidity: A Quantitative Solution to Several Asset Pricing Puzzles

TL;DR: In this article, a simple modification, sticky wages because of infrequent resetting together with a constant elasticity of substitution (CES) production function leads to both smoother wages and higher equity volatility.
Related Papers (5)