@Article{mfj:792,
title={Taxation, Dividend Payments and Ex-Day Price-Changes},
author={Sven-Olov Daunfeldt and Carina Selander and Magnus Wikström},
journal={Multinational Finance Journal},
volume={13},
number={1/2},
pages={135--154},
year=2009,
publisher={Multinational Finance Society; Global Business Publications},
url={http://www.mfsociety.org/../modules/modDashboard/uploadFiles/journals/MJ~771~p16uei4j4vl16rlb2r31uurrj04.pdf}
keywords={censoring; dividend; ex-dividend; taxation},
abstract={The purpose of the paper is to study the effect of taxation on dividend payments and ex-dividend price-changes in Sweden during 1991-1995. Tax changes in Sweden during the 1990s were implemented in such a way that they provide an opportunity to include direct measures of the tax-treatment of dividends and capital gains in the empirical analysis, in contrast to previous studies. The results indicate that tax-reforms can have large effects on dividend payments, while the effects on ex-dividend price-changes are less conclusive..},
}