Author | dc.contributor.author | Muñoz, Ercio | |
Author | dc.contributor.author | Rodríguez Perales, Arturo | |
Admission date | dc.date.accessioned | 2017-12-12T21:39:09Z | |
Available date | dc.date.available | 2017-12-12T21:39:09Z | |
Publication date | dc.date.issued | 2016 | |
Cita de ítem | dc.identifier.citation | Global Finance Journal, Volume 32, February 2017, pages 55-61. | es_ES |
Identifier | dc.identifier.other | https://doi.org/10.1016/j.gfj.2016.06.003 | |
Identifier | dc.identifier.uri | https://repositorio.uchile.cl/handle/2250/146156 | |
Abstract | dc.description.abstract | This study analyzes the behavior of stock prices around the ex-dividend date focusing on the effects of a major tax reduction. Using the 40 most heavily traded shares on the Santiago Stock Exchange, the study evaluates price drop ratios using various measures of ex-dividend day prices.
The findings indicate that the dividend tax reduction has an effect on the price drop ratio; this result is consistent with the clientele effect hypothesis. | es_ES |
Lenguage | dc.language.iso | en | es_ES |
Publisher | dc.publisher | Elsevier | es_ES |
Título | dc.title | Ex-dividend date stock behavior and the clientele effect: Evidence around a tax reduction | es_ES |
Document type | dc.type | Artículo de revista | |
dcterms.accessRights | dcterms.accessRights | Acceso restringuido | es_ES |