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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Bibliographic Details
Other Authors: Hội thảo quốc tế Ngân hàng và Tài chính thế giới 2015
Format: Conference or Workshop Item
Language:English
Published: 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