Does the regulation change play a role in the dividend policy?: Empirical study of REITs
According to Modernization Act (RMA) of 1999, real estate investment trusts (REITs) must distribute at least 90% of their taxable income to be exempt from tax at the corporate level, less than the percentage required prior to 2001 (95%), implying more funds from operation (FFO) are kept by REITs for...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
People & Global Business Association (P&GBA)
2019-12-01
|
| Series: | Global Business and Finance Review |
| Subjects: | |
| Online Access: | http://www.gbfrjournal.org/pds/journal/thesis/20200110191045-H13ZK.pdf |