Essays about: "Share repurchases"

Showing result 16 - 20 of 34 essays containing the words Share repurchases.

  1. 16. Interpreting the Repurchase Signal

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Alexander Truedsson; Adam Kindstrand; [2018]
    Keywords : Information asymmetry; Insider trading; Share repurchases; Undervaluation; Abnormal returns; Signaling.; Business and Economics;

    Abstract : The purpose of this study is to examine the potential of improving the interpretation of signals of undervaluation inherent to share repurchases, by accounting for insider trading, level of insider and cash holdings. The goal is to contribute to decreased information asymmetry and increased efficiency in capital markets. READ MORE

  3. 17. Earnings Management for Swedish Listed Firms : An Empirical Study on Real Earnings Management Prior to Stock Repurchases

    University essay from Högskolan i Gävle/Företagsekonomi

    Author : Simon Lardner; Pierre Willner; [2017]
    Keywords : Earnings management; Stock Repurchases; Real Earnings Management; Real operating decisions; Income-Decreasing earnings management;

    Abstract : In this study, we follow Cooper et al. (2017) and intend to further investigate income-decreasing real earnings management through altering production and discretionary expenditure and focus on such actions taken by management prior to stock repurchase. READ MORE

  4. 18. Dividend frequency - The newest addition to Nordic companies' toolbox

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Viktor Jintoft; Erik Lyrvall; [2017]
    Keywords : Dividend frequency; Payout policy; Nordic capital markets;

    Abstract : Most companies listed in the Nordics pay dividends once a year, and the ones who pay more often are likely to have their legal origin in a country outside of the Nordics. However, during the last five years, a total of 32 companies listed in the Nordics have increased their dividend frequency. READ MORE

  5. 19. Accretive Share Repurchases and Equity Vesting

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ludvig Kapanen; Oliver Ström; [2017]
    Keywords : Short-Termism; CEO Incentives; Share Repurchases; Regression Discontinuity; Managerial Myopia;

    Abstract : We investigate the connection between the discontinuous probability of making accretive repurchases around the zero EPS surprise threshold and the sensitivity of upcoming CEO equity compensation value to the underlying stock price. Our study is performed using data from S&P 1,500 companies between 2006-2015. Following Almeida et al. READ MORE

  6. 20. Maximising shareholder value or personal wealth? A study on incentive programs and share repurchases in Sweden

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

    Author : Felix Rodin; David Uddare Sevelin; [2015]
    Keywords : incentive program; share repurchase; EPS; compensation; bonus;

    Abstract : The purpose of this study is to examine if it is possible that senior executives in the largest firms in Sweden (the ones listed on the OMXS 30) are earning bonuses because of firms repurchasing their own shares. Earlier research from USA has shown that the incentive programs for CEOs has an effect on the firms' repurchasing of shares, and that firms where the CEO's bonus is tied to EPS tend to repurchase shares to a greater extent. READ MORE