search query: @indexterm Tender offers / total: 102
reference: 6 / 102
| Author: | D'Mello, R. Shroff, P. K. |
| Title: | Equity undervaluation and decisions related to repurchase tender offers: an empirical investigation |
| Journal: | Journal of Finance
2000 : OCT, VOL. 15:5, p. 2399-2424 |
| Index terms: | Stock repurchases Tender offers Mergers |
| Language: | eng |
| Abstract: | The paper tests whether managers repurchase stock when their assessment of the firm's economic value exceeds the market value. Using the forecasts managers would have if they had perfect foresight, the authors estimate economic value using an earnings-based valuation model. |
SCIMA