IDEAS home Printed from https://ideas.repec.org/r/rje/randje/v22y1991ispringp72-88.html
   My bibliography  Save this item

Share Repurchase and Takeover Deterrence

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as


Cited by:

  1. Dinis Santos & Paulo Gama, 2017. "Can firms time the market? Evidence using own stock transactions," Proceedings of Business and Management Conferences 5608038, International Institute of Social and Economic Sciences.
  2. Dan Bernhardt & Tingjun Liu & Robert Marquez, 2018. "Targeting Target Shareholders," Management Science, INFORMS, vol. 64(4), pages 1489-1509, April.
  3. asim mishra, 2005. "An Empirical Analysis Of Share Buybacks In India," Finance 0507001, University Library of Munich, Germany.
  4. David K. Ding & Hardjo Koerniadi & Chandrasekhar Krishnamurti, 2020. "What Drives the Declining Wealth Effect of Subsequent Share Repurchase Announcements?," JRFM, MDPI, vol. 13(8), pages 1-14, August.
  5. Hussein Abedi Shamsabadi & Byung S. Min & Imen Tebourbi & Mohammad Nourani, 2020. "Corporate Governance in Australia: Share Repurchases under an Imputation Tax System," Capital Markets Review, Malaysian Finance Association, vol. 28(1), pages 1-23.
  6. Golbe, Devra L. & Nyman, Ingmar, 2013. "How do share repurchases affect ownership concentration?," Journal of Corporate Finance, Elsevier, vol. 20(C), pages 22-40.
  7. Farrugia, Damien & Graham, Michael & Yawson, Alfred, 2011. "Economic conditions and the motives for multiple open-market share buybacks," Research in International Business and Finance, Elsevier, vol. 25(2), pages 156-168, June.
  8. Shelton, Lois M., 2000. "Merger market dynamics: insights into the behavior of target and bidder firms," Journal of Economic Behavior & Organization, Elsevier, vol. 41(4), pages 363-383, April.
  9. Buchanan, Bonnie G. & Cao, Cathy Xuying & Liljeblom, Eva & Weihrich, Susan, 2017. "Uncertainty and firm dividend policy—A natural experiment," Journal of Corporate Finance, Elsevier, vol. 42(C), pages 179-197.
  10. Dennis Y. Chung & Dušan Isakov & Christophe Pérignon, 2005. "Repurchasing Shares on a Second Trading Line," FSES Working Papers 391, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland.
  11. Xiao, MingFang & Cao, June & Chiang, Yao-Min, 2022. "Kiss the baby for the nurse's sake? - Guaranteeing employees' stock purchase against loss program," International Review of Financial Analysis, Elsevier, vol. 81(C).
  12. Luís Krug Pacheco & Clara Raposo, 2009. "ON the TIMING of INITIAL STOCK REPURCHASES," Working Papers de Gestão (Management Working Papers) 06, Católica Porto Business School, Universidade Católica Portuguesa.
  13. Julian FRANKS & Colin MAYER & MIYAJIMA Hideaki & OGAWA Ryo, 2018. "Stock Repurchases and Corporate Control: Evidence from Japan," Discussion papers 18074, Research Institute of Economy, Trade and Industry (RIETI).
  14. Gow‐Cheng Huang & Kartono Liano & Herman Manakyan & Ming‐Shiun Pan, 2013. "Open‐Market Stock Repurchases by Insurance Companies and Signaling," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 16(1), pages 47-69, March.
  15. Harrison Liu & Edward P. Swanson, 2015. "Is Price Support for Overvalued Equity a Motive for Increasing Share Repurchases?," Working Papers 0171acc, College of Business, University of Texas at San Antonio.
  16. Gunnar Bårdsen & Jurgen Doornik & Jan Tore Klovland, 2004. "A European-type wage equation from an American-style labor market: Evidence from a panel of Norwegian manufacturing industries in the 1930s," Working Paper 2004/8, Norges Bank.
  17. Vogt, Jan, 2023. "Managerial market timing under credit risk: How do timed buybacks and stock issuances influence the value of long-term shareholders?," Global Finance Journal, Elsevier, vol. 55(C).
  18. Sharad C. Asthana, 2010. "Real Earnings Management through Share Repurchases," Working Papers 0105, College of Business, University of Texas at San Antonio.
  19. Lie, Erik & McConnell, John J., 1998. "Earnings signals in fixed-price and Dutch auction self-tender offers," Journal of Financial Economics, Elsevier, vol. 49(2), pages 161-186, August.
  20. Hussein Abedi Shamsabadi & Byung-Seong Min & Richard Chung, 2016. "Corporate governance and dividend strategy: lessons from Australia," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 12(5), pages 583-610, October.
  21. Ralf Schremper, 2003. "Kapitalmarktrelevanz deutscher Aktienrückkaufprogramme," Schmalenbach Journal of Business Research, Springer, vol. 55(6), pages 578-605, September.
  22. Woan-lih Liang & Konan Chan & Wei-Hsien Lai & Yanzhi Wang, 2013. "Motivation for Repurchases: A Life Cycle Explanation," Journal of Financial Services Research, Springer;Western Finance Association, vol. 43(2), pages 221-242, April.
  23. Christine Jolls, 1998. "Stock Repurchases and Incentive Compensation," NBER Working Papers 6467, National Bureau of Economic Research, Inc.
  24. Ingolf Dittmann & Amy Yazhu Li & Stefan Obernberger & Jiaqi Zheng, 2022. "The corporate calendar and the timing of share repurchases and equity compensation," Tinbergen Institute Discussion Papers 21-101/IV, Tinbergen Institute.
  25. repec:zbw:bofrdp:2016_011 is not listed on IDEAS
  26. Amy Dittmar, 2008. "Corporate Cash Policy and How to Manage it with Stock Repurchases," Journal of Applied Corporate Finance, Morgan Stanley, vol. 20(3), pages 22-34, June.
  27. Camilleri, Silvio John & Galea, Francelle, 2019. "The Determinants of Securities Trading Activity: Evidence from four European Equity Markets," MPRA Paper 95298, University Library of Munich, Germany.
  28. John, Kose & Knyazeva, Anzhela & Knyazeva, Diana, 2015. "Governance and Payout Precommitment," Journal of Corporate Finance, Elsevier, vol. 33(C), pages 101-117.
  29. Johan JIDINGER & MIYAJIMA Hideaki, 2020. "Does Regulation Matter?: Effects of Corporate Governance Reforms on Relational Shareholding in Japan," Discussion papers 20003, Research Institute of Economy, Trade and Industry (RIETI).
  30. Chang, Shao-Chi & Chen, Sheng-Syan & Chen, Li-Yu, 2010. "Does prior record matter in the wealth effect of open-market share repurchase announcements?," International Review of Economics & Finance, Elsevier, vol. 19(3), pages 427-435, June.
  31. Manoj Subhash Kamat & Manasvi M. Kamat, 2016. "On Choosing an Optimal Dividend Policy in India: A Test of Substitution Hypothesis, 1999–2016," Emerging Economy Studies, International Management Institute, vol. 2(2), pages 199-222, November.
  32. Christopher F. Baum & Atreya Chakraborty & Liyan Han & Boyan Liu, 2012. "The effects of uncertainty and corporate governance on firms’ demand for liquidity," Applied Economics, Taylor & Francis Journals, vol. 44(4), pages 515-525, February.
  33. James M. Mahoney & Joseph T. Mahoney, 1993. "Abstract," Strategic Management Journal, Wiley Blackwell, vol. 14(1), pages 17-31, January.
  34. Laurie Simon Bagwell & John B. Shoven, 1988. "Share Repurchases and Acquisitions: An Analysis of Which Firms Participate," NBER Chapters, in: Corporate Takeovers: Causes and Consequences, pages 191-220, National Bureau of Economic Research, Inc.
  35. Jandik, Tomas & Lallemand, Justin & McCumber, William, 2017. "The value implications of target debt issuance in withdrawn takeovers: What role do country-specific M&A regulations play?," Journal of Multinational Financial Management, Elsevier, vol. 40(C), pages 14-32.
  36. Landsman, Wayne R. & Shackelford, Douglas A., 1995. "The Lock-in Effect of Capital Gains Taxes: Evidence From the RJR Nabisco Leveraged Buyout," National Tax Journal, National Tax Association;National Tax Journal, vol. 48(2), pages 245-259, June.
  37. Ahn, Hee-Joon & Cao, Charles & Choe, Hyuk, 2001. "Share repurchase tender offers and bid-ask spreads," Journal of Banking & Finance, Elsevier, vol. 25(3), pages 445-478, March.
  38. Hillert, Alexander & Maug, Ernst & Obernberger, Stefan, 2016. "Stock repurchases and liquidity," Journal of Financial Economics, Elsevier, vol. 119(1), pages 186-209.
  39. James M. Mahoney & Joseph T. Mahoney & Chamu Sundaramurthy, 1995. "The differential impact on stockholder wealth of various antitakeover provisions," Research Paper 9512, Federal Reserve Bank of New York.
  40. Panunzi, Fausto & Mueller, Holger, 2003. "Tender Offers and Leverage," CEPR Discussion Papers 3964, C.E.P.R. Discussion Papers.
  41. Tzu-Yu Liu & Li-Lun Liu & John Francis Diaz, 2016. "Effect of Managerial Overconfidence and Compensation on Share Repurchase: Empirical Evidence from Taiwanese Firms," Asian Academy of Management Journal of Accounting and Finance (AAMJAF), Penerbit Universiti Sains Malaysia, vol. 12(1), pages 153-179.
  42. Lin, Ji-Chai & Stephens, Clifford P. & Wu, YiLin, 2014. "Limited attention, share repurchases, and takeover risk," Journal of Banking & Finance, Elsevier, vol. 42(C), pages 283-301.
  43. Ken Yook & Partha Gangopadhyay, 2011. "A comprehensive examination of the wealth effects of recent stock repurchase announcements," Review of Quantitative Finance and Accounting, Springer, vol. 37(4), pages 509-529, November.
  44. Yasmin Jamadar & Hossain Mohammad Reyad & Md. Kausar Alam & Oli Ahad Thakur & Syed A. Mamun, 2024. "Why Do Companies Share Buybacks? Evidence from the UK," Risks, MDPI, vol. 12(10), pages 1-19, October.
  45. Loderer, Claudio & Jacobs, Andreas, 1995. "The Nestle crash," Journal of Financial Economics, Elsevier, vol. 37(3), pages 315-339, March.
  46. Hodrick, Laurie Simon, 1999. "Does stock price elasticity affect corporate financial decisions?," Journal of Financial Economics, Elsevier, vol. 52(2), pages 225-256, May.
  47. Fenn, George W. & Liang, Nellie, 2001. "Corporate payout policy and managerial stock incentives," Journal of Financial Economics, Elsevier, vol. 60(1), pages 45-72, April.
  48. Chuo-Hsuan Lee & Chengo Hsieh & Xiaofeng Peng, 2005. "Why do reits engage in open-market repurchases?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 29(3), pages 313-320, September.
  49. Szládek, Dániel, 2024. "Osztalékfizetés helyett részvény-visszavásárlás?. A részvény-visszavásárlások népszerűségének lehetséges okai [Share repurchases instead of dividend payments?. The evolution of payout policies and ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 154-175.
  50. Wang, Jin-Ying, 2014. "Controlling shareholder entrenchment: Bonuses versus dividends," International Review of Economics & Finance, Elsevier, vol. 32(C), pages 143-158.
  51. Landsman, Wayne R. & Shackelford, Douglas A., 1995. "The Lock-In Effect of Capital Gains Taxes: Evidence from the RJR Nabisco Leveraged Buyout," National Tax Journal, National Tax Association, vol. 48(2), pages 245-259, June.
  52. Kang, Jun-Koo & Kim, Kenneth A. & Kitsabunnarat-Chatjuthamard, P. & Nishikawa, Takeshi, 2011. "The effects of bank relations on stock repurchases: Evidence from Japan," Journal of Financial Intermediation, Elsevier, vol. 20(1), pages 94-116, January.
  53. Lei, Zicheng & Zhang, Chendi, 2016. "Leveraged buybacks," Journal of Corporate Finance, Elsevier, vol. 39(C), pages 242-262.
  54. Burch, Timothy R. & Nanda, Vikram & Silveri, Sabatino, 2012. "Taking stock or cashing in? Shareholder style preferences, premiums and the method of payment," Journal of Empirical Finance, Elsevier, vol. 19(4), pages 558-582.
  55. Liu, Harrison & Swanson, Edward P., 2016. "Is price support a motive for increasing share repurchases?," Journal of Corporate Finance, Elsevier, vol. 38(C), pages 77-91.
  56. Ang, James S. & Kraizberg, Elli, 2004. "An analysis of a strategy for management to separate and reward supportive shareholders," Journal of Corporate Finance, Elsevier, vol. 10(4), pages 639-658, September.
  57. James M. Mahoney & Joseph T. Mahoney & Chamu Sundaramurthy, 1996. "The effects of corporate antitakeover provisions on long-term investment: empirical evidence," Research Paper 9618, Federal Reserve Bank of New York.
  58. David N. Hurtt & Jerry G. Kreuze & Sheldon A. Langsam, 2008. "Stock Buybacks and Their Association with Stock Options Exercised in the IT Industry," American Journal of Business, Emerald Group Publishing, vol. 23(1), pages 13-21.
  59. Chen, Hsuan-Chi & Harper, Joel T. & Iyer, Subramanian R., 2018. "Economic shock and share repurchases," The North American Journal of Economics and Finance, Elsevier, vol. 44(C), pages 254-264.
  60. Jandik, Tomas & Lallemand, Justin, 2014. "Value impact of debt issuances by targets of withdrawn takeovers," Journal of Corporate Finance, Elsevier, vol. 29(C), pages 475-494.
  61. Hue Hwa Au Yong & Christine Brown & Chloe Choy Yeing Ho, 2014. "Off-Market Buybacks in Australia: Evidence of Abnormal Trading around Key Dates," International Review of Finance, International Review of Finance Ltd., vol. 14(4), pages 551-585, December.
  62. Ahluwalia, Eshan & Mishra, Ajay Kumar & Tripathy, Trilochan, 2020. "Institutional ownership, investor recognition and stock performance around index rebalancing: Evidence from Indian market," Journal of Multinational Financial Management, Elsevier, vol. 55(C).
  63. Alquhaif, Abdulsalam & Al-Gamrh, Bakr & Abdul Latif, Rohaida, 2020. "An overview of share buybacks: A descriptive case from Malaysia," Journal of Behavioral and Experimental Finance, Elsevier, vol. 28(C).
  64. Dennis Oswald & Steven Young, 2004. "What Role Taxes and Regulation? A Second Look at Open Market Share Buyback Activity in the UK," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 31(1‐2), pages 257-292, January.
  65. Firth, Michael & Leung, T.Y. & Rui, Oliver M., 2010. "Double signals or single signal? An investigation of insider trading around share repurchases," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 20(4), pages 376-388, October.
  66. Jung, Sung-Chang & Lee, Yong-Gyo & Thornton, John Jr., 2005. "An empirical comparison between operations of stabilization funds and stock repurchases in Korea," Pacific-Basin Finance Journal, Elsevier, vol. 13(3), pages 319-341, June.
  67. Akdoğu, Evrim & Paukowits, Aysun Alp & Celikyurt, Ugur, 2023. "Bondholder governance, takeover likelihood, and division of gains," Journal of Corporate Finance, Elsevier, vol. 79(C).
  68. James B. Wiggins, 1994. "Open Market Stock Repurchase Programs And Liquidity," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 17(2), pages 217-229, June.
  69. Su, Xuan-Qi & Lin, Yung-Chieh & Chen, Chin-Ming & Lowe, Alpha, 2019. "Are educational managers credible or overconfident? Evidence from share repurchases in Taiwan," Pacific-Basin Finance Journal, Elsevier, vol. 56(C), pages 93-112.
  70. Scott Weisbenner, 2000. "Corporate share repurchases in the 1990s: what role do stock options play?," Finance and Economics Discussion Series 2000-29, Board of Governors of the Federal Reserve System (U.S.).
  71. R. L. Hyderabad, 2009. "Price Performance following Share Buyback Announcements in India," Vision, , vol. 13(1), pages 59-78, January.
  72. Persons, John C., 1997. "Heterogeneous shareholders and signaling with share repurchases," Journal of Corporate Finance, Elsevier, vol. 3(3), pages 221-249, June.
  73. Andreou, Panayiotis C. & Cooper, Ilan & de Olalla Lopez, Ignacio Garcia & Louca, Christodoulos, 2018. "Managerial overconfidence and the buyback anomaly," Journal of Empirical Finance, Elsevier, vol. 49(C), pages 142-156.
  74. Wesson, N. & Smit, E.v.d.M. & Kidd, M. & Hamman, W.D., 2018. "Determinants of the choice between share repurchases and dividend payments," Research in International Business and Finance, Elsevier, vol. 45(C), pages 180-196.
  75. William J. Breen & Laurie Simon Hodrick & Robert A. Korajczyk, 2002. "Predicting Equity Liquidity," Management Science, INFORMS, vol. 48(4), pages 470-483, April.
  76. Muzere, Mark L., 2019. "Share repurchases and short sales under ambiguity," Economics Letters, Elsevier, vol. 180(C), pages 67-70.
  77. Bartram, Söhnke M. & Brown, Philip & How, Janice C.Y. & Verhoeven, Peter, 2007. "Agency Conflicts and Corporate Payout Policies: A Global Study," MPRA Paper 23244, University Library of Munich, Germany.
  78. Bargeron, Leonce & Kulchania, Manoj & Thomas, Shawn, 2011. "Accelerated share repurchases," Journal of Financial Economics, Elsevier, vol. 101(1), pages 69-89, July.
  79. Johannes A. Skjeltorp & Bernt Arne Ødegaard, 2004. "The ownership structure of repurchasing firms," Working Paper 2004/7, Norges Bank.
  80. Boudry, Walter I. & Kallberg, Jarl G. & Liu, Crocker H., 2013. "Investment opportunities and share repurchases," Journal of Corporate Finance, Elsevier, vol. 23(C), pages 23-38.
  81. Buchanan, Bonnie G. & Cao, Cathy Xuying & Liljeblom, Eva & Weihrich, Susan, 2017. "Uncertainty and firm dividend policy—A natural experiment," Journal of Corporate Finance, Elsevier, vol. 42(C), pages 179-197.
  82. Hanna Petrivna Olasiuk & Siddhartha Bhasker & Sudip Patra, 2024. "Cash Dividends and Share Repurchases in Ukrainian Pharmaceutical Companies," Global Business Review, International Management Institute, vol. 25(2_suppl), pages 7-22, April.
IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.