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The Cost of Capital and the Imputation Tax System

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  • D.J. Ashton

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  • D.J. Ashton, 1989. "The Cost of Capital and the Imputation Tax System," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 16(1), pages 75-88, March.
    • Handle: RePEc:bla:jbfnac:v:16:y:1989:i:1:p:75-88
    DOI: 10.1111/j.1468-5957.1989.tb00005.x
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    References listed on IDEAS

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    1. Baron, David P, 1979. "Investment Policy, Optimality, and the Mean-Variance Model: Review Article," Journal of Finance, American Finance Association, vol. 34(1), pages 207-232, March.
    2. Alan J. Auerbach & Mervyn A. King, 1983. "Taxation, Portfolio Choice, and Debt-Equity Ratios: A General Equilibrium Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(4), pages 587-609.
    3. Stapleton, Richard C & Burke, C M, 1975. "Taxes, the Cost of Capital and the Theory of Investment. A Generalisation to the Imputation System of Dividend Taxation," Economic Journal, Royal Economic Society, vol. 85(340), pages 888-890, December.
    4. Colin Mayer, 1986. "Corporation Tax, Finance and the Cost of Capital," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(1), pages 93-112.
    5. Poterba, James M & Summers, Lawrence H, 1984. "New Evidence that Taxes Affect the Valuation of Dividends," Journal of Finance, American Finance Association, vol. 39(5), pages 1397-1415, December.
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    Cited by:

    1. Ting‐Kai Chou & Nan‐Ting Kuo & Cheng‐Few Lee, 2025. "How Do Investors Value Tax Avoidance Under the Imputation Tax System?," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 52(3), pages 1511-1534, June.

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