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Press Release

Top Texas Tech Tax Expert Talks on “Stock Market Capitalization of Dividend Taxes”

February 18, 2002

ALBUQUERQUE – Recent research has hypothesized that the market capitalizes future dividend taxes into share prices regardless of firms’ actual dividend policies. Dr. Robert Ricketts will be addressing this issue among many others in his presentation entitled, “Stock Market Capitalization of Dividend Taxes: Does the Market Assume All Earnings Will Be Paid Out as Dividends?” The Pulakos & Alongi Visiting Scholar Program will host the event.

Ricketts, CPA, also holds a Ph.D., MS, and BS from the University of North Texas, and is the Frank M. Burke Chair in Taxation in the Jerry S. Rawls College of Business Administration at Texas Tech University. He is also the Director of the Texas Tech Tax Institute.

This Executive Speakers Series event is free and open to the public. Nevertheless, the topic and discussion is academic in nature; Ricketts will not be fielding any general questions about taxes. The talk will be held on Friday, March 1 and begins at 1:00 p.m. at The Anderson Schools of Management at UNM, 1924 Las Lomas NE, Room 2082. For more information on this event, call 277-1890 or email: harwick@mgt.unm.edu.

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The Anderson School of Management at the University of New Mexico is dedicated to excellence in professional management education. At the Anderson School, faculty, staff, and students are committed to shaping the intellect and character of the next generation of business leaders, advancing the knowledge and practice of management, promoting economic development, and building a vibrant intellectual community that serves the highest and best interests of all our stakeholders.

The School was founded in 1947 and now offers more than a dozen concentrations at the BBA and MBA levels and is accredited by the Association to Advance Collegiate Schools of Business in the top 20% of business schools in the nation. The School is funded by the State of New Mexico and further support is generated by The Anderson School of Management Foundation. For more information, the public can visit www.mgt.unm.edu, email info@mgt.unm.edu, or call (505) 277-6471.

PHOTOS, INTERVIEWS, AND FURTHER INFORMATION AVAILABLE ON REQUEST