Announcement effects of dividend tax cuts and corporate policies: evidence from Malaysia REITs

• Main Authors: Wong, Woei Chyuan, Taufil Mohd, Kamarun Nisham, Abdullah, Nur Adiana Hiau
• 格式: Article
• 语言: English
• 出版: Taylor & Francis Group 2017
• 主题: HJ Public Finance
• 在线阅读: http://repo.uum.edu.my/22413/1/PRPRJ%201%2014%202017.pdf; http://repo.uum.edu.my/22413/; http://doi.org/10.1080/14445921.2017.1303263

This study examines the effect of dividend tax changes on the share prices and corporate policies of Malaysian REITs.Event study results show that dividend tax cut announcements provide positive abnormal returns.Based on cross-sectional regression, the abnormal returns are found to be larger for REI...