behavior in a unique environment in which there are no taxes on dividends and capital gains. The absence of taxes in Oman …

behavior in a unique environment in which there are no taxes on dividends and capital gains. We find that overnight drop in the …

This paper examines cash dividends and share repurchases in Japan - discerning between keiretsu and non … United States, share repurchases in Japan have grown strikingly across firm groupings even relative to cash dividends which … have also increased. Unlike in the United States, cash dividends remain the dominant form of payout across the groupings of …

and dividends---is incomplete and misleading: it ignores large offsetting equity issuances that move capital from …

distributions - dividends and capital gains. This paper empirically analyzes the influence of the tax preferences of individual and … corporate shareholders for the two corporate distribution types - dividends or capital gains - from 1990 to 2012. In the first … have preferred capital gains and corporate shareholders have preferred dividends. To account for these differences …