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 14:06read more
Citations
More filters
Journal ArticleDOI
Share repurchases, catering, and dividend substitution*
TL;DR: In this article, the authors extend Baker and Wurgler's (2004a) catering theory of dividends to share repurchases and find evidence that the market's time-varying repurchase premium positively affects firms' choice to repurchase shares.
Journal ArticleDOI
A Reexamination of the Empirical Relationship between Investment and Financing Decisions
TL;DR: In the presence of market imperfections, interdependencies between these decisions that violate the basic Modigliani and Miller (MM) propositions may exist as discussed by the authors, and the authors of this paper focus on determining whether market imperfection has been of sufficient magnitude to lead to joint determination of investment and financing decisions.
Journal ArticleDOI
Do firms' relationships with principal customers/suppliers affect shareholders' income?
TL;DR: In this paper, the authors examine whether a firm's relationship with its principal customers/suppliers affects its payout policies and find that high financial distress costs associated with relationship-specific investments are the key channel through which a firms' customer-supplier relationship affects its dividend payments.
Journal ArticleDOI
Why individual investors want dividends
TL;DR: In this paper, the question of why individual investors want dividends was investigated by submitting a questionnaire to a Dutch investor panel, and the respondents indicated that they want dividends partly because the cost of cashing in dividends is lower than the cost for selling shares.
Journal ArticleDOI
Taxation and Corporate Payout Policy
TL;DR: In this article, the authors examined the dividend trends of 590 Indian companies over the period 1992-2004 of all manufacturing, nongovernment, non-financial, and non-banking companies listed on BSE.