FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2019499369> ?p ?o ?g. }

• W2019499369 abstract "On May 28, 2003, the Jobs and Growth Tax Relief Reconciliation Act of 2003 (2003 Tax Act) reduced shareholder-level taxes on dividends and capital gains. One of the goals of the 2003 Tax Act was to encourage capital investment by corporations. We investigate whether firms increased investment in response to the Act. We first document that capital expenditures increase after the 2003 Tax Act. We then use a difference-in-differences research design to show that this increase in capital expenditures varies predictably with two shareholder-level tax-motivated hypotheses. First, we find that the increase in investment is smaller for firms largely held by investors that are less sensitive to shareholder-level taxes. Second, we find that the increase in investment is larger for firms most likely to fund investment from new equity issuances rather than internal funds. Additional analysis suggests that while the majority of firms increase investment after the tax cut, a small subset of larger, older, and cash-rich firms increased dividend payout instead. Overall, our results suggest that, consistent with the intent of policymakers, the shareholder-level tax rate reductions set forth in the 2003 Tax Act increased corporate investment." @default.
• W2019499369 created "2016-06-24" @default.
• W2019499369 creator A5012782779 @default.
• W2019499369 creator A5035610325 @default.
• W2019499369 creator A5038573100 @default.
• W2019499369 creator A5044923145 @default.
• W2019499369 date "2011-01-01" @default.
• W2019499369 modified "2023-09-26" @default.
• W2019499369 title "Did the 2003 Tax Act Increase Capital Investments by Corporations?" @default.
• W2019499369 cites W1585500105 @default.
• W2019499369 cites W1614323387 @default.
• W2019499369 cites W1855485721 @default.
• W2019499369 cites W1967040098 @default.
• W2019499369 cites W1990218364 @default.
• W2019499369 cites W1990420615 @default.
• W2019499369 cites W2000578291 @default.
• W2019499369 cites W2018720779 @default.
• W2019499369 cites W2050886799 @default.
• W2019499369 cites W2064948352 @default.
• W2019499369 cites W2070005623 @default.
• W2019499369 cites W2099518975 @default.
• W2019499369 cites W2108818539 @default.
• W2019499369 cites W2121603097 @default.
• W2019499369 cites W2123343520 @default.
• W2019499369 cites W2124115302 @default.
• W2019499369 cites W2136456638 @default.
• W2019499369 cites W2138729574 @default.
• W2019499369 cites W2144879307 @default.
• W2019499369 cites W2149088624 @default.
• W2019499369 cites W2152767780 @default.
• W2019499369 cites W2159047343 @default.
• W2019499369 cites W2160860931 @default.
• W2019499369 cites W2164059525 @default.
• W2019499369 cites W2170909062 @default.
• W2019499369 cites W2171085056 @default.
• W2019499369 cites W2181919764 @default.
• W2019499369 cites W2752617332 @default.
• W2019499369 cites W3121239293 @default.
• W2019499369 cites W3121540321 @default.
• W2019499369 cites W3122148443 @default.
• W2019499369 cites W3122215577 @default.
• W2019499369 cites W3122486174 @default.
• W2019499369 cites W3122493112 @default.
• W2019499369 cites W3122711915 @default.
• W2019499369 cites W3122962530 @default.
• W2019499369 cites W3123062155 @default.
• W2019499369 cites W3123452386 @default.
• W2019499369 cites W3123812776 @default.
• W2019499369 cites W3123849752 @default.
• W2019499369 cites W3123885010 @default.
• W2019499369 cites W3124168319 @default.
• W2019499369 cites W3124220504 @default.
• W2019499369 cites W3124326590 @default.
• W2019499369 cites W3124430735 @default.
• W2019499369 cites W3124513085 @default.
• W2019499369 cites W3125322123 @default.
• W2019499369 cites W3125373908 @default.
• W2019499369 cites W3125965445 @default.
• W2019499369 cites W71113477 @default.
• W2019499369 doi "https://doi.org/10.2139/ssrn.1531978" @default.
• W2019499369 hasPublicationYear "2011" @default.
• W2019499369 type Work @default.
• W2019499369 sameAs 2019499369 @default.
• W2019499369 citedByCount "7" @default.
• W2019499369 countsByYear W20194993692012 @default.
• W2019499369 countsByYear W20194993692014 @default.
• W2019499369 countsByYear W20194993692015 @default.
• W2019499369 countsByYear W20194993692017 @default.
• W2019499369 crossrefType "journal-article" @default.
• W2019499369 hasAuthorship W2019499369A5012782779 @default.
• W2019499369 hasAuthorship W2019499369A5035610325 @default.
• W2019499369 hasAuthorship W2019499369A5038573100 @default.
• W2019499369 hasAuthorship W2019499369A5044923145 @default.
• W2019499369 hasConcept C10138342 @default.
• W2019499369 hasConcept C121955636 @default.
• W2019499369 hasConcept C144133560 @default.
• W2019499369 hasConcept C162324750 @default.
• W2019499369 hasConcept C166957645 @default.
• W2019499369 hasConcept C2778631509 @default.
• W2019499369 hasConcept C51303962 @default.
• W2019499369 hasConcept C514942387 @default.
• W2019499369 hasConcept C55214782 @default.
• W2019499369 hasConcept C556758197 @default.
• W2019499369 hasConcept C73283319 @default.
• W2019499369 hasConcept C83646750 @default.
• W2019499369 hasConcept C95457728 @default.
• W2019499369 hasConceptScore W2019499369C10138342 @default.
• W2019499369 hasConceptScore W2019499369C121955636 @default.
• W2019499369 hasConceptScore W2019499369C144133560 @default.
• W2019499369 hasConceptScore W2019499369C162324750 @default.
• W2019499369 hasConceptScore W2019499369C166957645 @default.
• W2019499369 hasConceptScore W2019499369C2778631509 @default.
• W2019499369 hasConceptScore W2019499369C51303962 @default.
• W2019499369 hasConceptScore W2019499369C514942387 @default.
• W2019499369 hasConceptScore W2019499369C55214782 @default.
• W2019499369 hasConceptScore W2019499369C556758197 @default.
• W2019499369 hasConceptScore W2019499369C73283319 @default.
• W2019499369 hasConceptScore W2019499369C83646750 @default.
• W2019499369 hasConceptScore W2019499369C95457728 @default.
• W2019499369 hasLocation W20194993691 @default.

• next