Quarterly Journal of Economics Vol. 86 No. 2 1972
Preferential Tax Treatment of Capital Gains, Optimal Dividend Policy, and Capital Budgeting
Abstract
I. Introduction and summary, 226. — II. Valuation, 228. — III. Optimal dividend policy, 229. — IV. An empirical test, 234. — V. Comparative statics, 235. — VI. Capital budgeting, 237. — VII. Policy implications, 241.
- DOI
- 10.2307/1880561
- Volume
- 86
- Issue
- 2
- Pages
- 226
- Sources
- openalex crossref