TY  - JOUR
TT  - New Opportunity For The Ise Companies: Share RepurchasesABSTRACT
AU  - Ergin, Emre
PY  - 2011
DA  - January
JF  - Muhasebe ve Finansman Dergisi
PB  - Muhasebe ve Finansman Öğretim Üyeleri Bilim ve Araştırma Derneği
WT  - DergiPark
SN  - 2146-3042
SP  - 66
EP  - 74
IS  - 49
KW  - Hisse senedi geri satın alımı
KW  - nakit temettü ödemesi.
N2  - Firms pay out cash to shareholders by two means: one is the cash dividends being more widely used and the other is the share repurchases. So far, companies in Turkey have been distributing cash only in form of cash dividends to their shareholders. Share repurchase method, used in other foreign countries for years, has been recently permitted by a decision taken by the Capital Markets Board of Turkey at the end of the year 2009. This new decision is applicable only to the 16% of the companies whose shares are traded in İstanbul Stock Exchange (ISE). It is expected in the future that the scope of this decision will be expanded including other companies as well followed by the acceptance of the new Turkish Trade Law. Share repurchases have some superiorities over dividend payments. This article presents the dividend puzzle which gains a new dimension by the acceptance of the share repurchase application in Turkey and examines the share repurchase method
UR  - https://dergipark.org.tr/en/pub/mufad/issue//396829
L1  - https://dergipark.org.tr/en/download/article-file/427979
ER  -