Adding shareholder value through dividend policy: Evidence from the United Kingdom on tax-based shareholder clienteles
This paper addresses the question of dividend clienteles based on shareholder-level taxation. In the United Kingdom in 1997, radical changes were made to the way in which the dominant shareholder clientele was taxed on dividend income. These changes provided a unique quasi-experimental opportunity f...
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| Format: | Article |
| Language: | English |
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AOSIS
2008-04-01
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| Series: | Journal of Economic and Financial Sciences |
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| Online Access: | https://jefjournal.org.za/index.php/jef/article/view/359 |