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Dividend Policy, Corporate Control, and Tax Clienteles

Luis Correia Da Silva, Marc Goergen, and Luc Renneboog

in Dividend Policy and Corporate Governance

Published in print:
2004
Published Online:
April 2004
ISBN:
9780199259304
eISBN:
9780191600852
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199259305.003.0008
Subject:
Economics and Finance, Financial Economics

Analyses the link between dividend levels and control as well as dividend changes and control based on German data. We find a U‐shaped relation between the dividend payout and the proportion of ... More


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