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Share repurchases under the Commercial Law 212-2 in Japan: Market reaction and actual implementation
15 references·16 citing·41 second hop
Share repurchases under the Commercial Law 212-2 in Japan: Market reaction and actual implementation (2002)Share repurchases under the Commercial La…Dividends, Share Repurchases, and the Substitution Hypothesis (2002)Dividends, Share Repurchases,…Stock Repurchases in Canada: Performance and Strategic Trading (2000)Stock Repurchases in Canada: …Dividends, Asymmetric Information, and Agency Conflicts: Evidence from a Comparison of the Dividend Policies of Japanese and U.S. Firms (1998)Dividends, Asymmetric Informa…Caveat Compounder: A Warning about Using the Daily CRSP Equal‐Weighted Index to Compute Long‐Run Excess Returns (1998)Caveat Compounder: A Warning …Actual Share Reacquisitions in Open‐Market Repurchase Programs (1998)Actual Share Reacquisitions i…Measuring long-horizon security price performance (1997)Measuring long-horizon securi…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Market underreaction to open market share repurchases (1995)Market underreaction to open …Alliance capitalism: the social organization of Japanese business (1993)Alliance capitalism: the soci…Alliance Capitalism (1992)Alliance CapitalismThe Relative Signalling Power of Dutch-Auction and Fixed-Price Self-Tender Offers and Open-Market Share Repurchases (1991)The Relative Signalling Power…Anomalous Price Behavior Around Repurchase Tender Offers (1990)Anomalous Price Behavior Arou…Using daily stock returns (1985)Using daily stock returnsCommon stock repurchases (1981)Common stock repurchasesCommon stock repurchases and market signalling (1981)Common stock repurchases and …The integration of share repurchases into investment decision-making: Evidence from Japan (2021)The integration of share repu…Investor sentiment and stock price: Empirical evidence from Chinese SEOs (2020)Investor sentiment and stock …Does reputation matter? 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Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)An Empirical Evaluation of Accounting Income Numbers (1968)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)ARCH modeling in finance (1992)Risk, Return, and Equilibrium: Empirical Tests (1973)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency costs of free cash flow, corporate finance, and takeovers (1996)Stock Valuation and Learning about Profitability (2003)A Catering Theory of Dividends (2004)Product Market Threats, Payouts, and Financial Flexibility (2012)Is Globalization Civilizing, Destructive or Feeble? 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References

  • 1985Using daily stock returns6,497 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1995Market underreaction to open market share repurchases1,739 cited
  • 2002Dividends, Share Repurchases, and the Substitution Hypothesis1,467 cited
  • 1981Common stock repurchases and market signalling1,037 cited
  • 1997Measuring long-horizon security price performance991 cited
  • 1992Alliance Capitalism919 cited
  • 1998Actual Share Reacquisitions in Open‐Market Repurchase Programs844 cited
  • 1981Common stock repurchases697 cited
  • 1991The Relative Signalling Power of Dutch-Auction and Fixed-Price Self-Tender Offers and Open-Market Share Repurchases616 cited
  • 1990Anomalous Price Behavior Around Repurchase Tender Offers400 cited
  • 2000Stock Repurchases in Canada: Performance and Strategic Trading398 cited
  • 1998Dividends, Asymmetric Information, and Agency Conflicts: Evidence from a Comparison of the Dividend Policies of Japanese and U.S. Firms362 cited
  • 1993Alliance capitalism: the social organization of Japanese business230 cited
  • 1998Caveat Compounder: A Warning about Using the Daily CRSP Equal‐Weighted Index to Compute Long‐Run Excess Returns

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135 cited

Cited by

  • 2006The Price Impacts of Open Market Repurchase Trades50 cited
  • 2003Stock price behavior surrounding stock repurchase announcements: Evidence from Japan45 cited
  • 2006Signaling Power of Open Market Share Repurchases in Germany43 cited
  • 2019Does reputation matter? Evidence from share repurchases42 cited
  • 2020Investor sentiment and stock price: Empirical evidence from Chinese SEOs41 cited
  • 2003A Lost Decade for Japanese Corporate Governance Reform?: What's Changed, What Hasn'T, and Why38 cited
  • 2007Repurchasing Shares on a Second Trading Line32 cited
  • 2013An analysis of stock repurchase in Taiwan29 cited
  • 2005Long-term stock performance after open-market repurchases in Korea25 cited
  • 2011Economic conditions and the motives for multiple open-market share buybacks21 cited
  • 2016Stock repurchases in Japan: A solution to excessive corporate saving?20 cited
  • 2006Repurchasing Shares on a Second Trading Line20 cited
  • 2011The Price Impact of Open Market Share Repurchases17 cited
  • 2021The integration of share repurchases into investment decision-making: Evidence from Japan16 cited
  • 2012The Impact of Open-Market Share Repurchases on Long-Term Stock Returns: Evidence from the Taiwanese Market16 cited
  • 2001Institutional Change and M&A in Japan: Diversity Through Deals16 cited