Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 6 of 6 for “"Stock Repurchases"”.
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Three Essays on Corporate Governance and Institutional Investors
… companies decrease R&D, capital expenditures, stock repurchases, and executive compensation. Following these changes, there is an improvement in profitability. The second essay investigates the optimal contract with an informed money manager. Motivated by simple structure of portfolio managers' …
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The dividend initiation decision : theory and evidence
… of dividends, all excess cash is disgorged via stock repurchases that elicit no price reactions. The theoretical model generates results consistent with many stylized facts related to dividend initiations, including: a positive announcement effect associated with a dividend initiation; a larger …
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“Because I Care I risk”: How CEO Free Market Orientation Affects the Extent and Type of Income Smoothing
… strategies (real activities, accretive stock repurchases, or discretionary accounting accruals), free market-oriented CEOs not only display their ability to take greater risks but also their focus on the primacy of current shareholder interests over that of other firm stakeholders.</p>
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An empirical study of equity repurchase decisions and market reaction
… managements’ motivations behind corporate equity repurchases in the open market, via private repurchase, or through self tender offer. The hypotheses concerning motivations for stock repurchases investigated in this dissertation include (1) signalling undervaluation of stock prices; (2) free cash …
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Essays in financial economics
… of dividends, all excess cash is disgorged via stock repurchases that elicit no price reactions. The theoretical model generates results consistent with many stylized facts related to dividend initiations, including: a positive dividend-initiation announcement effect; a larger (in absolute …
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Three Essays on Trading and Banking
… and with overnight price changes for S&P 500 stocks. Batch-open short volume increases with overnight price changes, and it increases (does not decrease) for firms making positive (negative) overnight earnings announcements. Opening-cross short volume increases with close-to-close, …