Essays about: "Share repurchases"

Showing result 11 - 15 of 34 essays containing the words Share repurchases.

1. 11. Does the interest rate environment matter? Evidence from share repurchase announcements

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Jessica Deckert; Signe Karklina; [2019]
   Keywords : Share repurchases; Buybacks; Interest rates; Event study; Cumulative abnormal returns;

   Abstract : This paper investigates how the interest rate environment affects cumulative abnormal returns (CAR) around share repurchase announcements. Even though previous findings regarding this relationship are limited, anecdotal evidence claims that the low interest rate environment is the driver behind the increased amounts of share repurchase programs in recent years. READ MORE

3. 12. Dividend, share repurchases, investor protection, creditor rights and earnings

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Philipp Hauri; [2019]
   Keywords : Dividend; share repurchase; earnings; investor protection; creditor rights;

   Abstract : This study examines how the relation of earnings and payout is influenced by country-level moderators of investor protection and creditor rights. By using an international sample with 42,148 firm-year observations in 3,658 firms during the years 2001-2017, I find that earningspayout relation is strong. READ MORE

4. 13. Corporate payout policy: a study on multinationality and legal origin

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : K.G. Hop; [2019]
   Keywords : Payout; multinationality; legal origin; dividend; share repurchases; agency;

   Abstract : This paper investigates determinants of payout levels and payout composition in multinational corporations and domestic corporations and how payout differs between the two, as well as the effect of a country’s legal tradition on payout, on a worldwide sample. My main findings are that multinational corporations’ total payout is slightly lower than domestic corporations’ payout when taking into account a country’s legal tradition affects. READ MORE

5. 14. The Influence of Corporate Governance Quality and Growth Opportunities on Firms’ Payout Policy

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Rob te Velde; [2019]
   Keywords : Corporate Governance; Payout Policy; Dividend; Share Repurchases; Protection Rights.;

   Abstract : This paper examines the effect of corporate governance quality on firms’ payout policy. We analyze a global sample of 3,904 firms (25,773 firm-year observations) over the period 2002-2016. READ MORE

6. 15. Why would firms choose dividends over share repurchases?

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Emma Jansson; Chonnikarn Janesiripanich; [2018]
   Keywords : Dividend; Share repurchase; Firm value; Panel data; Business and Economics;

   Abstract : This study investigates the relationship between the two different payout policies, dividends and share repurchases, and firm value in the Swedish market. We aim to clarify how the lack of difference in taxation of dividends and capital gains in Sweden affects investors’ preferences for different payout policies and whether a certain payout policy incentivizes investor to pay extra for a firm that applies this policy. READ MORE