Open market repurchase program, dividend payment status, information asymmetry, and institutional ownership
This study examines the information content of open market share repurchase (OMR) announcements while taking into account the firm’s dividend payment status. We find that the market reacts more positively to the OMR announcements by non-dividend paying firms than to those by dividend paying firms...
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Format: | Conference or Workshop Item |
Language: | English |
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Trường Đại học Kinh tế
2020
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Online Access: | http://repository.vnu.edu.vn/handle/VNU_123/97698 |
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Institution: | Vietnam National University, Hanoi |
Language: | English |