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Dividend Policy and Valuation Effects of the Tax Reform Act of 1986

Paul J. Bolster and Vahan Janjigian

National Tax Journal, 1991, vol. 44, issue 4, 511-18

Abstract: Examines the effects of the Tax Reform Act of 1986 on shareholder wealth and dividend policy. Finds no evidence that dividend payouts increased in response to tax reform.

Date: 1991
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