Tax reform and payout policy: Do shareholder clienteles or payout policy adjust?
Citations
98 citations
86 citations
Cites background from "Tax reform and payout policy: Do sh..."
...5 See, Korkeamaki, Liljeblom, and Pasternack (2010), Pattenden and Twite (2008), Ang, Blackwell, and Megginson (1991), Bell and Jenkinson (2002), Christoffersen, Géczy, Musto, and Reed (2005), Goergen, Renneboog, and Correia da Silva (2005), Alstadsæter and Fjærli (2009), Dewenter and Warther…...
[...]
...5 See, Korkeamaki, Liljeblom, and Pasternack (2010), Pattenden and Twite (2008), Ang, Blackwell, and Megginson (1991), Bell and Jenkinson (2002), Christoffersen, Géczy, Musto, and Reed (2005), Goergen, Renneboog, and Correia da Silva (2005), Alstadsæter and Fjærli (2009), Dewenter and Warther (1998), and Lee, Liu, Roll, and Subrahmanyam (2006)....
[...]
56 citations
51 citations
47 citations
References
14,368 citations
7,647 citations
6,551 citations
Additional excerpts
...Our ownership models follow Demsetz and Lehn (1985) and Demsetz and Villalonga (2001), with the exception that we exclude firm specific risk from the models....
[...]
...Studies of cross-sectional ownership patterns, mainly ownership concentration, often follow Demsetz and Lehn (1985), who provide evidence of corporate ownership being endogeous....
[...]
3,524 citations
1,770 citations