haku: @author Cao, C. / yhteensä: 3
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| Tekijä: | Ahn, H.-J. Cao, C. Choe, H. |
| Otsikko: | Share repurchase tender offers and bid-ask spreads |
| Lehti: | Journal of Banking and Finance
2001 : MAR, VOL. 25:3, p. 445-478 |
| Asiasana: | BIDDING MARKET STRUCTURE |
| Vapaa asiasana: | SHARE REPURCHASE |
| Kieli: | eng |
| Tiivistelmä: | This paper examines the impact of share repurchase tender offers on the market microstructure. The authors find that there is a temporary reduction in the bid-ask spread, and a temporary increase in volume and quotation depth during the offer period. |
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