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Goethe-Universität Frankfurt am Main >
Center for Financial Studies (CFS), Universität Frankfurt a. M. >
CFS Working Paper Series, Universität Frankfurt a. M. >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/57350
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Andres, Christian | | en_US |
| dc.contributor.author | | Betzer, André | | en_US |
| dc.contributor.author | | Goergen, Marc | | en_US |
| dc.date.accessioned | | 2011-08-23 | | en_US |
| dc.date.accessioned | | 2012-04-20T17:09:04Z | | - |
| dc.date.available | | 2012-04-20T17:09:04Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.pi | | urn:nbn:de:hebis:30-115328 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/57350 | | - |
| dc.description.abstract | | This paper studies the impact of the concentration of control, the type of controlling shareholder and the dividend tax preference of the controlling shareholder on dividend policy for a panel of 220 German firms over 1984-2005. While the concentration of control does not have an effect on the dividend payout, there is strong evidence that the type of controlling shareholder matters as family controlled firms have high dividend payouts whereas bank controlled firms have low dividend payouts. However, there is no evidence that the dividend preference of the large shareholder has an impact on the dividend decision. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Center for Financial Studies Frankfurt, Main | | en_US |
| dc.relation.ispartofseries | | CFS Working Paper 2011/16 | | en_US |
| dc.subject.jel | | G32 | | en_US |
| dc.subject.jel | | G35 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Dividend Policy | | en_US |
| dc.subject.keyword | | Payout Policy | | en_US |
| dc.subject.keyword | | Lintner Dividend Model | | en_US |
| dc.subject.keyword | | Tax Clientele Effects | | en_US |
| dc.subject.keyword | | Corporate Governance | | en_US |
| dc.subject.stw | | Dividende | | en_US |
| dc.subject.stw | | Eigentümerstruktur | | en_US |
| dc.subject.stw | | Aktionäre | | en_US |
| dc.subject.stw | | Steuerplanung | | en_US |
| dc.subject.stw | | Corporate Governance | | en_US |
| dc.subject.stw | | Deutschland | | en_US |
| dc.title | | Dividend policy, corporate control and tax clienteles: The case of Germany | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 666540365 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| dc.identifier.repec | | RePEc:zbw:cfswop:201116 | | - |
| Appears in Collections: | | CFS Working Paper Series, Universität Frankfurt a. M.
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