| dc.creator | Torrez, Jimmy | |
| dc.date | 2010-01-15T17:03:24Z | |
| dc.date | 2010-01-15T17:03:24Z | |
| dc.date | 2006-05 | |
| dc.date.accessioned | 2017-03-17T16:53:08Z | |
| dc.date.available | 2017-03-17T16:53:08Z | |
| dc.identifier | 1541-8561 | |
| dc.identifier | http://hdl.handle.net/10586/60 | |
| dc.identifier.uri | http://repositorioslatinoamericanos.uchile.cl/handle/2250/647231 | |
| dc.description | The Job Growth and Taxpayer Relief Reconciliation Act of 2003 lowered
dividend taxes to the same rate as capital gains taxes in the United States
using the Pecking Order Theory as a framework. This paper develops a
model that examines the effect the tax cut will have on corporate investment.
The model finds that the dividend rate tax cut will increase the corporate
cost of capital and lower investment. Therefore, any increase in the value of the stock market from this act will simply be a response to an increase in after tax returns and not from an increase in production. | |
| dc.language | en_US | |
| dc.publisher | Centro de Investigaciones Comerciales e Iniciativas Académicas de la Facultad de Administración de Empresas. Forum Empresarial. Vol.11 Num.1 | |
| dc.relation | Forum Empresarial;Vol.11 Num.1 | |
| dc.subject | Corporate Investment | |
| dc.subject | Tax Policy | |
| dc.subject | Dividends | |
| dc.subject | Pecking Order Theory | |
| dc.subject | The Job Growth and Taxpayer Relief Reconciliation Act of 2003 | |
| dc.title | The Effect of Dividend Tax Policy on Corporate Investment. | |
| dc.type | Artículos de revistas | |
