Dividend policy inside the multinational firm

Financial Management

Volumn 36, Issue 1, 2007, Pages 5-26

  Desai, Mihir A ^a   Foley, C Fritz ^a   Hines Jr , James R ^b  

^a NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^b UNIVERSITY OF MICHIGAN   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34547735434     PISSN: 00463892     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (21)

1. Altshuler, R. and H. Grubert, 2003, "Repatriation Taxes, Repatriation Strategies and Multinational Financial Policy," Journal of Public Economics 87, 73-107.
2. Altshuler, R., T.S. Newlon, and W.C. Randolph, 1995, "Do Repatriation Taxes Matter? Evidence from the Tax Returns of US Multinationals," in M. Feldstein, J.R. Hines Jr., and R.G. Hubbard, Eds., The Effects of Taxation on Multinational Corporation, Chicago, IL, University of Chicago Press, 253-272.
3. Benartzi, S., R. Michaely, and R. Thaler, 1997, "Do Changes in Dividends Signal the Future or the Past?" Journal of Finance 52, 1007-1034.
4. Black, F., 1976, "The Dividend Puzzle," Journal of Portfolio Management 2, 5-8.
5. Bodnar, G.M. and J. Weintrop, 1997, "The Valuation of the Foreign Income of US Multinational Firms: A Growth Opportunities Perspective," Journal of Accounting and Economics 24, 69-97.
6. Choe, H., 1990, "Intertemporal and Cross-Sectional Variation of Corporate Dividend Policy," Dissertation manuscript, University of Chicago.
7. Desai, M.A. and J.R. Hines, Jr., 2004, "Old Rules and New Realities: Corporate Tax Policy in a Global Setting," National Tax Journal 57, 967-960.
8. Desai, M.A., C.F. Foley, and J.R. Hines Jr., 2001, "Repatriation Taxes and Dividend Distortions," National Tax Journal 54, 829-851.
9. 2002, "Dividend Policy inside the Firm," NBER Working Paper 8698.
10. 2003, "Chains of Ownership, Regional Tax Competition and Foreign Direct Investment," in H. Herrman and R. Lipsey, Eds., Foreign Direct Investment in the Real and Financial Sector of Industrial Countries, Berlin, Springer-Verlag, 61-98.
11. Desai, M.A., C.F. Foley, and J.R. Hines Jr., 2006, "Capital Controls, Liberalizations, and Foreign Direct Investment," Review of Financial Studies 19, 1433-1464.
12. Dewenter, K.L. and V.A. Warther, 1998, "Dividends, Asymmetric Information, and Agency Conflicts: Evidence from a Comparison of the Dividend Policies of Japanese and US Firms," Journal of Finance 53, 879-904.
13. Fama, E.F. and H. Babiak, 1968, "Dividend Policy: An Empirical Analysis," Journal of the American Statistical Association 63, 1132-1161.
14. Fama, E.F. and K.R. French, 2002, "Testing Tradeoff and Pecking Order Predictions about Dividends and Debt," Review of Financial Studies 15, 1-37.
15. Grullon, G. and R. Michaely, 2002, "Dividends, Share Repurchases, and The Substitution Hypothesis," Journal of Finance 57, 1649-1684.
16. Hartman, D.G., 1985, "Tax Policy and Foreign Direct Investment," Journal of Public Economics 26, 107-121.
17. Hines J.R. Jr., 1996, "Dividends and Profits: Some Unsubtle Foreign Influences," Journal of Finance 51, 661-689.
18. Hines J.R. Jr. and R.G. Hubbard, 1990, "Coming Home to America: Dividend Repatriations by US Multinationals," in A. Razin and J. Slemrod, Eds., Taxation in the Global Economy, Chicago, IL, University of Chicago Press, 161-200.
19. Lang, L., E. Ofek and R.M. Stulz, 1996, "Leverage, Investment and Firm Growth," Journal of Financial Economics 40, 3-29.
20. Lintner, J., 1956, "Distribution of Incomes of Corporations Among Dividends, Retained Earnings, and Taxes," American Economic Review 61, 97-113.
21. Mataloni, R., 1995, "A Guide to BEA Statistics on US Multinational Companies," Survey of Current Business 75, 38-53.