haku: @author Wu, H. / yhteensä: 3
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| Tekijä: | Raad, E. Wu, H. |
| Otsikko: | Insider trading effects on stock returns around open-market stock repurchase announcements: an empirical study |
| Lehti: | Journal of Financial Research
1995 : SPRING, VOL. 18:1, p. 45-58 |
| Asiasana: | FINANCE RESEARCH STOCK RETURNS |
| Kieli: | eng |
| Tiivistelmä: | In this paper the authors examine the effects of insider trading activities, the percentage of common shares outstandng authorized for repurchase, and management ownership on stock returns around open-market stock repurchase announcements. The study is conducted on a sample of 204 firms that announced open-market stock repurchases between 1982 and 1990. Results show that insider trading activities during the month that immediately procedes the announcement have a significant effect. |
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