Trust, buybacks and equity issues
In this paper, we find that public trust has a significant positive impact on short- and long-term excess returns after buyback announcements and equity issues. In addition to proxies for the likelihood of undervaluation (for buybacks) and overvaluation (for equity issues), the trust variable is the...
محفوظ في:
| المؤلفون الرئيسيون: | , |
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| التنسيق: | text |
| اللغة: | English |
| منشور في: |
Institutional Knowledge at Singapore Management University
2018
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| الموضوعات: | |
| الوصول للمادة أونلاين: | https://ink.library.smu.edu.sg/soa_research/1860 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=2887&context=soa_research |
| الوسوم: |
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| المؤسسة: | Singapore Management University |
| اللغة: | English |