Do cash dividend increases from cessation of imputation tax system affect share prices in Malaysia?

• Main Authors: Selamat, Aslam Izah, Syed Mohamed, Mohamed Ariff, Ramadilli Mohd, Shamsher Mohamad
• 格式: Conference or Workshop Item
• 語言: English
• 出版: Faculty of Economics and Management, Universiti Putra Malaysia 2012
• 在線閱讀: http://psasir.upm.edu.my/id/eprint/51218/1/12-1.pdf; http://psasir.upm.edu.my/id/eprint/51218/

Malaysia is among the first two countries to pass laws to abolish imputation tax system by replacing it with a simpler single tax system for corporate incomes. This paper provides evidence on how Bursa Malaysia shares responded to the announcement of the cessation of imputation tax system in 2007. S...