Search Results - subject_exact:"Share repurchase"

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Share repurchases, undervaluation, and corporate social responsibility

Bobenhausen, Nils; Breuer, Wolfgang; Knetsch, Andreas; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015656220

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Share Repurchases, Undervaluation, and Corporate Social Responsibility

Bobenhausen, Nils; Knetsch, Andreas; Salzmann, Astrid … - 2021

Book / Working Paper

Why do companies share buybacks? : Evidence from the UK

Jamadar, Yasmin; Reyad, Hossain Mohammad; Alam, Md. Kausar - 2024

We examine the key drivers behind management decisions on share repurchase from various theoretical perspectives, including the free cash flow theory and the signaling theory/hypothesis. Specifically, we investigate the relationship between share repurchase and three key drivers: surplus cash,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015130511

The effect of IFRS adoption on foreign investment in the Japanese equity market

Kubota, Yoshitaka; Takeda, Fumiko - 2026

This study investigates the effects of International Financial Reporting Standards (IFRS) adoption on foreign investment in the Japanese equity market. Previous research suggests that a positive relationship between IFRS adoption and foreign investment typically emerges when a country meets...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015653764

CEO mobility and corporate payouts

Canil, Jean; Karpavičius, Sigitas; Yu, Chia-Feng - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014443508

Does stakeholder orientation mitigate shareholder-employee conflicts? : evidence from a quasi-natural experiment

Cumming, Douglas J.; Lu, Fanyu; Xu, Limin; Yu, Chia-Feng - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015440861

The impact of share repurchases on bank operating performance after the global financial crisis : a comparison between the U.S. and Europe

Corbalán, Juan; Ferrer, Román - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015330618

Corporate share repurchase policies and labor share

Fu, Xudong; Kisgen, Darren; Kong, Lei - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015339782

Share repurchases under economic policy uncertainty : evidence from China

Huang, Chenghao; Luo, Chenyu; Kuang, Xuewen - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015193785

Managers' staging of earnings conference calls around actual share repurchases

Duong, Hong Kim; Do, Chuong; Do, Huy N. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015395014

EPS-motivated share repurchases and wealth transfer

Mashruwala, Christina; Mashruwala, Shamin - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015395069

Financing payouts

Farre-Mensa, Joan; Michaely, Roni; Schmalz, Martin C. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015451344

Innovation under pressure

Almeida, Heitor; Fos, Vyacheslav; Hsu, Po-Hsuan; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015451390

Repurchases for price impact : evidence from fragile stocks

Massa, Massimo; Schumacher, David; Wang, Yan - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015451402

Do buyback anomalies explain the stock return in Japan? : a pre-registered report

Sakawa, Hideaki; Watanabel, Naoki; Hiramatsu, Kenji - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015405132

How do banks build equity capital?

Gordon, Lily; Hirtle, Beverly J. - 2025

We examine the evolution of equity capital in the U.S. banking industry over the past 35 years. Earnings are the major driver of increases in equity capital in the banking industry. While common stock issuance is frequent, amounts issued are generally small and do not contribute meaningfully to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015558092

Does share repurchase legalization really harm corporate investments?

Tobin, Elliot; Wang, Charles C. Y. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015627320

Equity-based compensation and the timing of share repurchases : the role of the corporate calendar

Dittmann, Ingolf; Li, Amy Yazhu; Obernberger, Stefan; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651576

The firm-level and aggregate effects of corporate payout policy

Asimakopoulos, Stylianos; Malley, James R.; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015573301

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The firm-level and aggregate effects of corporate payout policy

Asimakopoulos, Stylianos; Malley, James R.; … - 2024

Book / Working Paper

The firm-level and aggregate effects of corporate payout policy

Asimakopoulos, Stylianos; Malley, James R.; … - 2024

Book / Working Paper

CEO political ideology and payout policy

Bayat, Ali; Goergen, Marc - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015558552

Influence of China's geopolitical risk on corporate dividend policies

Zhao, Na; Zhang, Lin; Huang, Hui - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015202561

Signaling or insider opportunism : an investigation of repurchase activity in Vietnam

Ly Thi Hai Tran; Thao Thi Phuong Hoang - 2022

This paper examines whether share repurchase announcements are signals of undervaluation or insiders’ opportunistic activities by investigating insider trading patterns surrounding buyback announcements in Vietnam. Consistent with the insider opportunism hypothesis, we show that insiders are...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013459415

Share repurchase and stock price synchronicity

Huang, Chenghao; Jin, Zhi - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015616116

Share repurchase and cash dividend - Substitute or complement? Analysis from the Vietnam securities market

Chen, Yi-Pei - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015098898

Share repurchase and cash dividend - substitute or complement? : analysis from the Vietnam securities market

Dang Trung Kien; Chen, Yi-Pei - 2024

Purpose: The purpose of this report was to assess the relationship among the cash dividend payout and share repurchase, through essential cash distribution methods adopted by Vietnamese publicly listed companies. The complementary along with substitute relationship from these financial practices...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015055981

Stewardship code adoption and firms' decisions on treasury shares : evidence from South Korea

Bark, Jaehyung; Kang, Pyung Kyung - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015062079

Share repurchases and corporate sustainability : evidence from South Africa

Mouton, Frank; Londt, Carly; Cloete, Gerhard; Hattingh, … - 2024

"This study examined the relationship between share repurchases and corporate sustainability in South Africa during 2011-2019. According to stakeholder theory, companies may feel a sense of obligation to not only distribute returns to shareholders through share repurchases but also to other...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014636282

Cash induced demand

Chen, Huaizhi - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014486379

ESG reputational risk, corporate payouts and firm value

Chasiotis, Ioannis; Gounopoulos, Dimitrios; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014535419

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ESG Reputational Risk, Corporate Payouts and Firm Value

Chasiotis, Ioannis; Gounopoulos, Dimitrios; … - 2022

Book / Working Paper

Information disclosure, product market competition and payout policy

Ho, Kung-Cheng; Lee, Shih-Cheng; Pan, Lee-Hsien - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015095095

Deregulating the volume limit on share repurchases

Sodhi, Adhiraj; Stojanovic, Aleksandar - 2024

We empirically advocate for UK regulators to increase the volume limit of 15% outstanding shares on open market repurchases. Our main framework initially tests the determinants of share repurchases based on their size, Small, Medium and Large. The findings reveal that consistent with extant...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015116872

Competition and bank payout policy

De Cesari, Amedeo; Gilder, Dudley; Huang, Winifred; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015116892

Family performance following share repurchases, information asymmetry and interest alignment

Chen, Ni-Yun; Liu, Chi-chun - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015210776

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Family Performance Following Share Repurchases, Information Asymmetry and Interest Alignment

Chen, Ni-Yun; Liu, Chi-chun - 2023

Book / Working Paper

Share repurchase and cash holdings : evidence from China

Ye, Linlin; Wang, Zejun; Ren, He - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015211515

Does managerial market timing with stock repurchases exist in stock market? : evidence from Thailand

Chamaiporn Kumpamool - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015211517

Stock repurchases, ESG ratings and systemic risk in banking

Gehrig, Thomas - 2024

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...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015393725

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Stock repurchases, ESG-ratings, and systemic risk in banking

Gehrig, Thomas - 2024

Book / Working Paper

Share repurchase and stock price synchronicity

Huang, Chenghao; Jin, Zhi - 2024

This paper explores the impact of open market share repurchases (OMR) on stock price synchronicity. We find that share repurchases significantly enhances the information content of stock prices, reflected in reduced price synchronicity. The mechanism includes repurchases drawing investor...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015438074

The heterogenous causality of repurchases : analysis from the aspect of share collateralization

Sheng, Dachen; Montgomery, Heather - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015595623

Climate risk and payout flexibility around the world

Chang, Yuyuan; He, Wen; Mi, Lin - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015557426

The timing of stock repurchases : do well-connected CEOs help or harm?

De Cesari, Amedeo; Marinelli, Nicoletta; Sonika, Rohit - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015557506

Do tax havens affect financial management? : the case of U.S. multinational companies

Chiari, Alessandro - 2024

This study examines whether the use of tax haven subsidiaries by U.S. multinational corporations (MNCs) is associated with more intense use of share buybacks and with improvement in management's ability to generating revenues. I find that MNCs' more intensive tax haven subsidiary use is...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015044941

The beguiling behaviour of narcissistic CEOs : evidence from repurchase announcements

Boamah, Evans O.; Banerjee, Shantanu - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014541705

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The Beguiling Behaviour of Narcissistic CEOs : Evidence from Repurchase Announcements

Boamah, Evans Ofosu; Banerjee, Shantanu - 2023

Book / Working Paper

U.S. multinational corporations' income shifting incentives and share repurchases : evidence across differential taxation systems

Eulaiwi, Baban; Alghamdi, Fatmah Saeed; Al-Hadi, Ahmed; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014545334

Mapping research in corporate share repurchases : a bibliometric analysis

Ashitha, A. N.; Naresh G. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015060764

Price ceilings, market structure, and payout policies

Li, Xiongshi; Ye, Mao; Zheng, Miles - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015072259

Anchoring on historical high prices and share repurchases : evidence from the Taiwan equity market

Lin, Mei-Chen; Lu, Mei-Hui; Wang, Szu-Fang - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015079695

The max EPS Paradigm for Corporate Finance

Ben-David, Itzhak; Chinco, Alex - 2026

There are three classic problems in corporate finance: capital structure, real investment, and payout policy. In three companion papers, we characterize the max EPS solution to each one. The max EPS approach delivers an optimal leverage ratio even in the absence of frictions, an investment rule...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015626300

Why do firms repurchase their shares when they are overpriced?

Oded, Jacob - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015558993

max EPS Payout Policy

Ben-David, Itzhak; Chinco, Alex - 2026

Holding cash has a cost. For an EPS-maximizing CEO, that cost equals her firm's earnings yield. EPS maximizers retain cash when they can get an even higher yield by investing the money. Otherwise, they return cash to shareholders. This is the EPS-maximizing payout policy. Growth stocks (EY < rf) never return cash because they can clear their low earnings-yield hurdle by investing in risk-free bonds. Value stocks (EY > rf)...</rf)>

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015626289

Closed-end funds and discount control mechanisms

Kräussl, Roman; Pollet, Joshua M.; Stefanova, Denitsa - 2023

The discount control mechanisms that closed-end funds often choose to adopt before IPO are supposedly implemented to narrow the difference between share price and net asset value, We find evidence that non-discretionary discount control mechanisms such as mandatory continuation votes serve as...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014234466

Why Undervalued Firms Repurchase Shares? Evidence Based on the Market Timing Effect in China

Ma, Pengfei; Li, Chengcheng; Wang, Xiaoqiong - 2023

There is a puzzle that few undervalued firms make repurchase announcements in China despite the value-adding motive of share repurchases. Inspired by the puzzle, this paper explores the market timing effect of the repurchase signaling. We find a positive relationship between the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014257128