Governance and post-repurchase performance

Governance and post-repurchase performance

Payout policies based on share repurchase programs provide greater flexibility than do those based on cash dividends. We develop and test an empirical model in which strongly governed companies outperform weakly governed companies after announcing share repurchase programs. Our findings include posi...

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Bibliographic Details
Main Authors: CATON, Gary, GOH, Jeremy, LEE, Yen Teik, LINN, Scott
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
Subjects:
Corporate Governance
Corporate payout
Share Repurchase
Operating performance
Anomaly attenuation
Long-term performance
Business
Business Law, Public Responsibility, and Ethics
Corporate Finance
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5018
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6017/viewcontent/Governance_and_post_repurchase_performance.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/lkcsb_research/5018
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6017/viewcontent/Governance_and_post_repurchase_performance.pdf

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