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Improving Earnings per Share: An Illusory Motive in Stock Repurchases

Author

Listed:
  • Jong-Shin Wei

    (Department of International Business Administration, Wenzao Ursuline College of Languages, Taiwan)

  • Li-Hsun Wang

    (Department of International Business Administration, Wenzao Ursuline College of Languages, Taiwan)

Abstract

No abstract is available for this item.

Suggested Citation

  • Jong-Shin Wei & Li-Hsun Wang, 2009. "Improving Earnings per Share: An Illusory Motive in Stock Repurchases," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 8(3), pages 243-247, December.
    • Handle: RePEc:ijb:journl:v:8:y:2009:i:3:p:243-247
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    References listed on IDEAS

    as
    1. Hribar, Paul & Jenkins, Nicole Thorne & Johnson, W. Bruce, 2006. "Stock repurchases as an earnings management device," Journal of Accounting and Economics, Elsevier, vol. 41(1-2), pages 3-27, April.
    2. Zhang, Hua, 2002. "Share repurchases under the Commercial Law 212-2 in Japan: Market reaction and actual implementation," Pacific-Basin Finance Journal, Elsevier, vol. 10(3), pages 287-305, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    earnings per share; stock repurchases; market efficiency;
    All these keywords.

    JEL classification:

    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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