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Found 1 essay matching the above criteria.

1. 1. Why do stock prices drop by less than the value of the dividend? Evidence from a country with a flat tax rate on capital gains and dividends.

   University essay from Göteborgs universitet/Graduate School

   Author : Jonathan Israelsson; Max Wann-Hansson; [2017-07-25]
   Keywords : ;

   Abstract : We examine the effect of taxes, trading activity and different market microstructures on the ex-dividend day stock price behaviour. Based on previous literature, we build our hypotheses and test them on 1380 ex-dividend day observations in order to pinpoint the explanations behind the empirical findings on the Stockholm Stock Exchange over the period 2007 to 2016. READ MORE