Managerial trustworthiness and buybacks
CEO trustworthiness is positively related to long-term excess returns after buyback announcements. When the CEO is trustworthy, statements that the stock is undervalued are more credible. CEO trustworthiness is initially measured by the extent to which people in the county where the company headquar...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2022
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1888 https://ink.library.smu.edu.sg/context/soa_research/article/2914/viewcontent/Managerial_Trustworthiness_and_Buybacks_2020_final.pdf |
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| Institution: | Singapore Management University |
| Language: | English |
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