Gehrig, Thomas - In: Vierteljahreshefte zur Arbeits- und … 1 (2024) 2, pp. 207-223
Stock repurchases of banks have become an increasingly popular instrument of banks' payout policies after the Great … Financial Crisis. Recent empirical evidence documents that stock repurchases are particularly popular among global systemically … important banks that tolerate relatively high levels of exposure to systemic risk. Hence, stock repurchases add to reducing risk …