References
- Black , F. and Scholes , M. 1974 . The effects of dividend yield and dividend policy on common stock prices and returns . Journal of Financial Economics , 1 : 1 – 22 .
- Brennan , M. J. 1970 . Taxes, market valuation and financial policy . National Tax Journal , 23 : 417 – 429 .
- Cheung , Y. L. and Wong , K-T. 1992 . An assessment of risk and return: some empirical findings from the Hong Kong stock exchange . Applied Financial Economics , 2 : 105 – 114 .
- Dimson , E. 1979 . Risk measurement when shares are subject to infrequent trading . Journal of Financial Economics , 7 : 197 – 226 .
- Fama , E. and MacBeth , J. 1973 . Risk, return and equilibrium: empirical tests . Journal of Political Economy , 81 : 607 – 636 .
- Litzenberger , R. and Ramaswamy , K. 1979 . The effects of personal taxes and dividends on capital assets prices: theory and empirical evidence . Journal of Financial Economics , 7 : 163 – 195 .
- Litzenberger , R. and Ramaswamy , K. 1980 . Dividends, short selling restrictions, tax-induced investor clienteles and market equilibrium . Journal of Finance , 35 : 469 – 482 .
- Litzenberger , R. and Ramaswamy , K . 1982 . The effects of dividends on common stock prices: tax effects or information effects? . Journal of Finance , 35 : 429 – 443 .
- Miller , M. H. and Scholes , M. 1982 . Dividends and taxes: empirical evidence . Journal of Finance , 90 : 1118 – 1141 .
- Nichina , K. 1994 . A proposal of no cash dividend rule in Japan . Applied Financial Economics , 4 : 181 – 191 .