Market Reactions To Share Repurchase Announcements In Malaysia

• Main Authors: Isa, Mansor, Siew , Peng Lee
• 格式: Article
• 语言: English
• 出版: Asian Academy of Management (AAM) 2014
• 主题: HD28-70 Management. Industrial Management
• 在线阅读: 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...