From time to time, corporations can repurchase their own shares. In a tender offer the companies usually decide to repurchase the number of share. Since developed countries have a good stock exchange market, it can be possible to meet this kind of action in these countries. In this study, we try to examine the effect of repurchasing announcements on the asset prices of the corporations in the U.S.A by examining the market reaction during the event period. In this study, the event study methodology is employed.
From time to time, corporations can repurchase their own shares. In a tender offer the companies usually decide to repurchase the number of share. Since developed countries have a good stock exchange market, it can be possible to meet this kind of action in these countries. In this study, we try to examine the effect of repurchasing announcements on the asset prices of the corporations in the U.S.A by examining the market reaction during the event period. In this study, the event study methodology is employed.
Birincil Dil | Türkçe |
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Bölüm | Makaleler |
Yazarlar | |
Yayımlanma Tarihi | 1 Mart 2001 |
Yayımlandığı Sayı | Yıl 2001 Cilt: 1 Sayı: 1 |