|
Baker, H. K., Powell, G. E., Veit, E. T., 2003, Why companies use open-market repurchase: A managerial perspective. Quarterly Review of Economics and Finance 43, 483-504.
Barber, M. B., Odean, T., 2000, Trading is hazardous to your wealth: The common stock investment performance of individual investors. Journal of Finance 55, 773-806.
Bradley, D. J., Jordan, B.D., and Ritter, J. D., 2006, Analyst behavior following IPOs: the "bubble period" evidence. Review of Financial Studies 21, 101-133.
Brown, S. J., Warner, J. B., 1980, Measuring security price performance. Journal of Financial Economics 8, 205-258.
Chen, A. S., Hong, B. S., 2006, Institutional ownership changes and returns around analyst’s earnings forecast release events: Evidence from Taiwan. Journal of Banking and Finance 30, 2471-2488.
Comment, R., Jarrell, G., 1991, The relative signaling power of Dutch-auction and fixed-price self-tender offers and open-market share repurchases. Journal of Finance 46, 1243-1271.
Dann, L., 1981, Common stock repurchases: an analysis of returns to bondholders and stockholders. Journal of Financial Economics 9, 113–138.
Dann, L., 1983, Is your common stock really worth buying back? Director and Boards 7, 23-29.
D’Mello, R., Shroff, P. K., 2000, Equity undervaluation and decisions related to repurchase tender offers: An empirical investigation. Journal of Finance 55, 2399-2424.
Grullon G., Michaely, R., 2004, The information content of share repurchase programs. Journal of Finance 59, 1649-1684.
Hatakeda, T., Isagawa, N., 2004, Stock price behavior surrounding stock repurchase announcements: Evidence from Japan. Pacific-Basin Finance Journal 12, 271-290.
Howell, J. C., Payne, J. D., 2004, Mixed messages: Open-market repurchases following stock acquisitions. Financial Review 39, 367-387.
Ikenberry, D. L., Lakonishok, J., Vermaelen, T., 1995, Market underreaction to open market share repurchases, Journal of Financial Economics 39, 181-208.
Ikenberry, D. L., Vermaelen, T., 1996, The option to repurchase stock, Financial Management 25, 9-24.
Ikenberry, D. L., Lakonishok, J., Vermaelen, T., 2000, Stock Repurchase in Canada: performance and strategic trading. Journal of Finance 55, 2373-2397.
Ikenberry, D., Vermaelen, T., 1996, The option to repurchase stock, Financial Management 25, 9-24.
Jung, S. C., Lee, Y. G., Thornton Jr, J. H., 2005, An empirical comparison between operations of stabilization fund and stock repurchases in Korea. Pacific-Basin Finance Journal 13, 319-341.
Liao, T. L., Ke. M. C., Yu, H. T., 2005, Anomalous price behavior around stock repurchases on the Taiwan Stock Exchange. Applied Economics Letters 12, 29-39.
Massa, M., Rehman, Z., and Vermaelen, T., 2007, Mimicking repurchases. Journal of Financial Economics 84, 624-666.
McNally, W. J., 1999, Open market stock repurchase signaling. Financial Management 28, 55-67.
Maxwell, W. F., Stephens, C. P., 2003, The wealth effects of repurchases on bondholders, Journal of Finance 58, 895-919.
Nitter, J. M., Mitchell, M. L., 1989, Stock repurchase announcements and insider transactions after the October 1987 stock market crash, Financial Management 18, 84-96.
Nohel, T., Tarhan, V., 1998, Share repurchases and firm performance: New evidence on the agency costs of free cash flow. Journal of Financial Economics 49, 187-222.
Oded, J., 2005, Why do firms announce open-market repurchase programs? Review of Financial Studies 18, 271-300.
Spiess, D. K., and Pettway, 1997, R. H., The IPO and first seasoned equity sale: Issue proceeds, owner/managers'' wealth, and the underpricing signal. Journal of Banking and Finance 21, 967-988.
Stephens, C., Weisbach, M., 1998, Actual share reacquisitions in open-market repurchase programs, Journal of Finance 53, 313-313.
Vermaelen, T., 1981, “Common stock repurchases and market signaling: An empirical study”. Journal of Financial Economics 9, 139-183.
Vermaelen, T., 1984, Repurchase tender offers, signaling, and managerial incentives, Journal of Financial and Quantitative Analysis 19, 163-181.
Bennett, J. A., Sias, R. W., Starks, L. T., 2003, Greener pastures and the impact of dynamic institutional preference, Review of Financial Studies 16, 1203-1238.
Brennan, M. J., Cao, H. H., 1997, International portfolio investment flows, Journal of Finance 52, 1851-1880.
Brennan, M. J., Cao, H. H., Strong, N., and Xu, Z., 2005, The dynamics of international equity market expectations, Journal of Financial Economics 77, 257-288.
Chen, A. S., Hong, B. S., 2006, Institutional ownership changes and returns around analyst’s earnings forecast release events: Evidence from Taiwan, Journal of Banking and Finance 30, 2471-2488.
Comment, R., Jarrell, G., 1991, The relative signaling power of Dutch-auction and fixed-price self-tender offers and open-market share repurchases, Journal of Finance 46, 1243-1271.
Choe, H., Kho, C. B., Stulz, R. M., 2001, Do domestic investors have more valuable information about individual stocks than foreign investors? NBER working paper no. 8073.
Cooper, I. A., Kaplanis, E., 1994, Home bias in equity portfolio, inflation hedging, and international capital market equilibrium, Review of Financial Studies 7, 45-60.
Dann, L., 1981, Common stock repurchases: an analysis of returns to bondholders and stockholders, Journal of Financial Economics 9, 113–138.
Dann, L., Masulis, R., Mayers,D., 1991, Repurchase tender offers and earnings information. Journal of Accounting and Economics 14, 217-251.
Davidson III, W. N., Garrison, S. H., 1989, The stock market reaction to significant tender offer repurchases of stock size and purpose perspective, Financial Review 24, 93–107.
D’Mello, R., Shroff, P. K., 2000, Equity undervaluation and decisions related to repurchase tender offers: An empirical investigation, Journal of Finance 55, 2399-2424.
Dvorak, T., 2005, Do domestic investors have an information advantage? Evidence from Indonesia, Journal of Finance 60, 817-839.
Fama, E., French, K., 1998, Value vs. growth: The international evidence, Journal of Finance 53, 1975-1998.
French, K. R., Poterba, J. M., 1991, Japanese and U.S. cross-border common stock investment, American Economic Review 81, 222-226.
Froot, K. A., O’Connell, P. G. J., Seasholes, M. S., 2001, The Portfolio Flows of International Investors, Journal of Financial Economics 59, 151-193.
Froot, K. A., Ramadorai, T., 2001, The information content of international portfolio flows, NBER working paper no. 8472.
Grinblatt, M., Keloharju, M., 2000, The investment behavior and performance of various investor types: A study of Finland’s unique data set, Journal of Financial Economics 55, 43-67.
Grullon G., Michaely, R., 2002, Dividends, share repurchase and the substitution Hypothesis, Journal of Finance 57, 1649-1684.
Hau, H., 2001, Location matters: An examination of trading profits, Journal of Finance 56, 1951-1983.
Howell, J. C., Payne, J. D., 2004, Mixed messages: Open-market repurchases following stock acquisitions, Financial Review 39, 367-387.
Ikenberry, D., Lakonishok, J., Vermaelen, T., 1995, Market underreaction to open market share repurchases, Journal of Financial Economics 39, 181-208.
Ikenberry, D., Lakonishok, J., Vermaelen, T., 2000, Stock Repurchase in Canada: performance and strategic trading, Journal of Finance 55, 2373-2397.
Ivkovic, Z., Weisbenner, S., 2005, Local does as local is: information content of the geography of individual investors'' common stock investments, Journal of Finance 60, 267-306.
Jung, S. C., Lee, Y. G., Thornton Jr, J. H., 2005, An empirical comparison between operations of stabilization fund and stock repurchases in Korea, Pacific-Basin Finance Journal 13, 319-341.
Kang, J. K., Stulz, R. M., 1997, Why is there a home bias? An analysis of foreign portfolio equity ownership in Japan, Journal of Financial Economics 46, 2-28.
Kracher, B., Johnson, R. R., 1997, Repurchase announcements, lies and false signals. Journal of Business Ethics 16, 1677-1685.
Lakonishok, J., Lee, I, 2001, Are insider trades informative? Review of Financial Studies 14, 79-111.
Lakonishok, J., Vermaelen, T., 1990. Anomalous price behavior around repurchase tender offers, Journal of Finance 45, 455-477.
Landsman, W. R., Maydew, E. L., 2002, Has the information content of Quarterly earnings announcements declined in the past three decades? Journal of Accounting Research 40, 797- 808.
Liao, T. L., Ke. M. C., Yu, H. T., 2005, Anomalous price behavior around stock repurchases on the Taiwan Stock Exchange, Applied Economics Letters 12, 29-39.
Massa, M., Rehman, Z., and Vermaelen, T., 2007, Mimicking repurchases, Journal of Financial Economics 84, 624-666.
O’Neill, M., Swisher, J., 2003, Institutional investors and information asymmetry: an event study of self-tender offers, Financial Review 38, 197-211.
Oded, J., 2005, Why do firms announce open-market repurchase programs? Review of Financial Studies 18, 271-300.
Peyer, U. C., Vermaelen, T., 2005, The many facets of privately negotiated stock repurchases, Journal of Financial Economics 75, 361-395.
Raad, E. and Wu, H. K., 1995, Insider trading effects on stock returns around open-market stock repurchase announcements: an empirical study, Journal of Financial Research, 18, 45–57.
Ratner, M, Szewczyk, S. H., Tsetsekos, G. P., 1996, The informational role of tender offer stock repurchases: Evidence from institutional ownership, Journal of Business Finance and Accounting 23, 869-880.
Seasholes, M. S., 2000, Smart foreign traders in emerging markets, Working paper, Harvard Business School, Cambridge, MA.
Seasholes, M. S., 2004, Re-examining information asymmetries in emerging stock markets, Working paper, University of California at Berkeley.
Stephens, C., Weisbach, M., 1998, Actual share reacquisitions in open-market repurchase programs, Journal of Finance 53, 313-313.
Tesar, L., Werner, I., 1995, Home bias and high turnover, Journal of International Money and Finance 14, 467-492.
Vermaelen, T., 1981, Common stock repurchases and market signaling: An empirical study, Journal of Financial Economics 9, 139-183.
Vermaelen, T., 1984, Repurchase tender offers, signaling, and managerial incentives, Journal of Financial and Quantitative Analysis 19, 163-181.
|