Market Reactions To Share Repurchase Announcements In Malaysia

• المؤلفون الرئيسيون: Isa, Mansor, Siew , Peng Lee
• التنسيق: مقال
• اللغة: English
• منشور في: Asian Academy of Management (AAM) 2014
• الموضوعات: HD28-70 Management. Industrial Management
• الوصول للمادة أونلاين: http://eprints.usm.my/39942/1/AAMJAF_10-1-3-G1_%2845-73%29.pdf; http://eprints.usm.my/39942/; http://web.usm.my/journal/aamjaf/10-1-3-2014.html

This paper examines share price behaviour surrounding share repurchase announcements in the context of information asymmetry and signalling hypothesis. We use event-type analysis to examine abnormal returns around three related repurchase announcements: announcement of the board’s decision, annou...