Concepedia

The Influence of Taxes and Tick Size on Ex-Dividend Day Prices

Steve Beveridge, Larry L. Bauer

SSRN Electronic Journal · 2002 · 15 citations · 40 references

Open access

Concepts

BusinessEconomicsFinanceFinancial EconomicsPricing TheoryTaxationBehavioral Asset PricingBehavioral Responses To TaxationCapital GainsCapital MarketsDividend TaxationDividend TimingPrice Setting BehaviorPrice Taking BehaviorTax Clientele EffectsTax Effects On DividendsTaxation Of Short-term TradingTick Size Effects

References

40

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

Halbert White · Econometrica · 1980 · 26.1K citations

Social Sciences, Economics, Econometrics +11

Marginal Stockholder Tax Rates and the Clientele Effect

Edwin J. Elton, Martin J. Gruber · The Review of Economics and Statistics · 1970 · 935 citations

Social Sciences, Business Economics, Economics +11

The Ex‐Dividend Day Behavior of Stock Prices: A Re‐Examination of the Clientele Effect

Avner Kalay · The Journal of Finance · 1982 · 444 citations

Law, Economics, Finance +14

Tax-induced trading around ex-dividend days

Josef Lakonishok, Theo Vermaelen · Journal of Financial Economics · 1986 · 345 citations

Law, Economics, Finance +9

Why do stock prices drop by less than the value of the dividend? Evidence from a country without taxes

Murray Z. Frank, Ravi Jagannathan · Journal of Financial Economics · 1998 · 291 citations

Social Sciences, Business Economics, Economics +5