Chen, Yi-Wen; Pan, Xing-Yu; Lin, Chu-Bin; Yang, Chun-Hua - 2023
stock repurchase announcement. This study investigates whether and how stock mispricing and corporate governance affect this … repurchase and less amount of stock repurchase, and better firm-level corporate governance predicts less amount of stock … repurchase. Our evidence supports the market timing theory and that better corporate governance moderates the agency problem …