{"id":"https://openalex.org/W2099518975","doi":"https://doi.org/10.1016/s0165-4101(03)00017-x","title":"Is a dividend tax penalty incorporated into the return on a firm's common stock?","display_name":"Is a dividend tax penalty incorporated into the return on a firm's common stock?","publication_year":2003,"publication_date":"2003-04-30","ids":{"openalex":"https://openalex.org/W2099518975","doi":"https://doi.org/10.1016/s0165-4101(03)00017-x","mag":"2099518975"},"language":"en","primary_location":{"id":"doi:10.1016/s0165-4101(03)00017-x","doi":"https://doi.org/10.1016/s0165-4101(03)00017-x","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0165-4101(03)00017-x","pdf_url":null,"source":{"id":"https://openalex.org/S62142384","display_name":"Journal of Accounting and Economics","issn_l":"0165-4101","issn":["0165-4101","1879-1980"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Accounting and Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=375000","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5035610325","display_name":"Dan S. Dhaliwal","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I138006243","display_name":"University of Arizona","ror":"https://ror.org/03m2x1q45","country_code":"US","type":"education","lineage":["https://openalex.org/I138006243"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Dan Dhaliwal","raw_affiliation_strings":["Eller College of Business and Public Administration, University of Arizona, Tucson, AZ 85721-0108, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Eller College of Business and Public Administration, University of Arizona, Tucson, AZ 85721-0108, USA","institution_ids":["https://openalex.org/I138006243"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5021031708","display_name":"Oliver Zhen Li","orcid":"https://orcid.org/0000-0002-7770-2444","observed_orcids":["https://orcid.org/0000-0002-7770-2444"]},"institutions":[{"id":"https://openalex.org/I138006243","display_name":"University of Arizona","ror":"https://ror.org/03m2x1q45","country_code":"US","type":"education","lineage":["https://openalex.org/I138006243"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Oliver Zhen Li","raw_affiliation_strings":["Eller College of Business and Public Administration, University of Arizona, Tucson, AZ 85721-0108, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Eller College of Business and Public Administration, University of Arizona, Tucson, AZ 85721-0108, USA","institution_ids":["https://openalex.org/I138006243"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5014556458","display_name":"Robert Trezevant","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1174212","display_name":"University of Southern California","ror":"https://ror.org/03taz7m60","country_code":"US","type":"education","lineage":["https://openalex.org/I1174212"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Robert Trezevant","raw_affiliation_strings":["Marshall School of Business and Leventhal School of Accounting, University of Southern California, Los Angeles, CA 90089-0441, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Marshall School of Business and Leventhal School of Accounting, University of Southern California, Los Angeles, CA 90089-0441, USA","institution_ids":["https://openalex.org/I1174212"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5014556458"],"corresponding_institution_ids":["https://openalex.org/I1174212"],"apc_list":{"value":4170,"currency":"USD","value_usd":4170},"apc_paid":null,"fwci":27.1018,"has_fulltext":false,"cited_by_count":105,"citation_normalized_percentile":{"value":0.99120093,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"35","issue":"2","first_page":"155","last_page":"178"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9053000211715698,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9053000211715698,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.08219999819993973,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11508","display_name":"Corporate Taxation and Avoidance","score":0.006599999964237213,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/dividend-yield","display_name":"dividend yield","score":0.8970000147819519},{"id":"https://openalex.org/keywords/common-stock-returns","display_name":"common stock returns","score":0.9419999718666077},{"id":"https://openalex.org/keywords/institutional-ownership","display_name":"institutional ownership","score":0.8569999933242798},{"id":"https://openalex.org/keywords/corporate-ownership","display_name":"corporate ownership","score":0.9789999723434448},{"id":"https://openalex.org/keywords/dividend-policy","display_name":"dividend policy","score":0.7450000047683716},{"id":"https://openalex.org/keywords/ownership-structure","display_name":"ownership structure","score":0.8640000224113464}],"concepts":[{"id":"https://openalex.org/C184530449","wikidata":"https://www.wikidata.org/wiki/Q2706107","display_name":"Dividend yield","level":4,"score":0.7036910653114319},{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.6795841455459595},{"id":"https://openalex.org/C139447083","wikidata":"https://www.wikidata.org/wiki/Q1923644","display_name":"Dividend tax","level":5,"score":0.5977014303207397},{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.5938742756843567},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5861395597457886},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5418362021446228},{"id":"https://openalex.org/C35138590","wikidata":"https://www.wikidata.org/wiki/Q1081659","display_name":"Common stock","level":3,"score":0.5132215023040771},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5089523792266846},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.46154502034187317},{"id":"https://openalex.org/C125889939","wikidata":"https://www.wikidata.org/wiki/Q2294672","display_name":"Dividend payout ratio","level":4,"score":0.44769302010536194},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4455217719078064},{"id":"https://openalex.org/C51303962","wikidata":"https://www.wikidata.org/wiki/Q1242836","display_name":"Double taxation","level":2,"score":0.42417556047439575},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.32617250084877014},{"id":"https://openalex.org/C551662922","wikidata":"https://www.wikidata.org/wiki/Q2346630","display_name":"Tax reform","level":2,"score":0.21437114477157593},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1759423017501831},{"id":"https://openalex.org/C74939039","wikidata":"https://www.wikidata.org/wiki/Q7603703","display_name":"State income tax","level":3,"score":0.10589221119880676},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.08334964513778687},{"id":"https://openalex.org/C172008318","wikidata":"https://www.wikidata.org/wiki/Q3683077","display_name":"Gross income","level":4,"score":0.0454845130443573},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/s0165-4101(03)00017-x","doi":"https://doi.org/10.1016/s0165-4101(03)00017-x","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0165-4101(03)00017-x","pdf_url":null,"source":{"id":"https://openalex.org/S62142384","display_name":"Journal of Accounting and Economics","issn_l":"0165-4101","issn":["0165-4101","1879-1980"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Accounting and Economics","raw_type":"journal-article"},{"id":"mag:3125429792","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=375000","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:eee:jaecon:v:35:y:2003:i:2:p:155-178","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0165-4101(03)00017-X","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"mag:3125429792","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=375000","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16","score":0.5799999833106995}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":40,"referenced_works":["https://openalex.org/W1585500105","https://openalex.org/W1596347046","https://openalex.org/W1797039842","https://openalex.org/W1985134851","https://openalex.org/W1990420615","https://openalex.org/W1995834279","https://openalex.org/W2024935505","https://openalex.org/W2031855300","https://openalex.org/W2031866843","https://openalex.org/W2040290077","https://openalex.org/W2040354841","https://openalex.org/W2048997388","https://openalex.org/W2056311210","https://openalex.org/W2081725891","https://openalex.org/W2088957698","https://openalex.org/W2090758019","https://openalex.org/W2095992834","https://openalex.org/W2104795328","https://openalex.org/W2113305199","https://openalex.org/W2122925298","https://openalex.org/W2128915726","https://openalex.org/W2134734546","https://openalex.org/W2148587860","https://openalex.org/W2149170345","https://openalex.org/W2154398438","https://openalex.org/W2159297510","https://openalex.org/W2166215547","https://openalex.org/W2201127587","https://openalex.org/W2331653251","https://openalex.org/W2890913069","https://openalex.org/W3025697563","https://openalex.org/W3121861725","https://openalex.org/W3123674734","https://openalex.org/W3123891069","https://openalex.org/W3123906439","https://openalex.org/W3124641893","https://openalex.org/W3125902854","https://openalex.org/W3125963526","https://openalex.org/W3126135334","https://openalex.org/W4206495155"],"related_works":["https://openalex.org/W2161816776","https://openalex.org/W2806792493","https://openalex.org/W2003644932","https://openalex.org/W2159297510","https://openalex.org/W1990420615","https://openalex.org/W7096434743","https://openalex.org/W1487863417","https://openalex.org/W2171085056","https://openalex.org/W2159047343","https://openalex.org/W2057389983"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":8},{"year":2014,"cited_by_count":5},{"year":2013,"cited_by_count":5},{"year":2012,"cited_by_count":6}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
