Real Earnings Management through Share Repurchases
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Keywords
Share Repurchase; Earnings Management; Earnings per Share (EPS); Discretionary Accruals; Opportunity Cost; Interest Income; Cost of Debt Capital.;All these keywords.
JEL classification:
- D46 - Microeconomics - - Market Structure, Pricing, and Design - - - Value Theory
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
- M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
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