haku: @author Klein, A. / yhteensä: 11
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| Tekijä: | Klein, A. Rosenfeld, J. |
| Otsikko: | The impact of targeted share repurchases on the wealth of non-participating shareholders |
| Lehti: | Journal of Financial Research
1988 : SUMMER, VOL. 11, No. 2, p.89-97 |
| Asiasana: | OPTIONS SHAREHOLDERS SHARE PRICES |
| Kieli: | eng |
| Tiivistelmä: | An empirical examination of whether managements acts in the best interests of non-participating shareholders when engaging in a targeted share repurchase. The returns over the full purchase-to- -repurchase period and decrease on repurchase date. The three stages of a targeted share repurchase, management entrenchment and shareholders' interest hypotheses. Sample selection and empirical results. The target firm. The repurchase date. A Table and Appendix illustrate the study. |
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