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Liquidity Changes Associated with Open Market Repurchases
16 references·10 citing·48 second hop
Liquidity Changes Associated with Open Market Repurchases (1994)Liquidity Changes Associated with Open Ma…Open-market stock repurchases as signals for earnings and risk changes (1991)Open-market stock repurchases…Corporate payout policy (1988)Corporate payout policySignalling with Dividends, Stock Repurchases, and Equity Issues (1986)Signalling with Dividends, St…Asset pricing and the bid-ask spread (1986)Asset pricing and the bid-ask…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…Information Effects on the Bid-Ask Spread (1983)Information Effects on the Bi…Optimal dealer pricing under transactions and return uncertainty (1981)Optimal dealer pricing under …Convertible calls and security returns (1981)Convertible calls and securit…Common stock repurchases (1981)Common stock repurchasesCommon stock repurchases and market signalling (1981)Common stock repurchases and …Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…Equity Rights Issues and the Efficiency of the UK Stock Market (1979)Equity Rights Issues and the …THE PRICING OF SECURITY DEALER SERVICES: AN EMPIRICAL STUDY OF NASDAQ STOCKS (1978)THE PRICING OF SECURITY DEALE…Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Corporate Forecasts of Earnin…Determinants of bid-asked spreads in the over-the-counter market (1974)Determinants of bid-asked spr…The Cost of Transacting (1968)The Cost of TransactingStock repurchases and treasury share sales: Do they stabilize price and enhance liquidity? (2011)Stock repurchases and treasur…Why Do Firms Undertake Accelerated Share Repurchase Programs? (2010)Why Do Firms Undertake Accele…Share Repurchases, the Clustering Problem, and the Free Cash Flow Hypothesis (2009)Share Repurchases, the Cluste…SHARE REPURCHASES AND FIRM BEHAVIOR (2009)SHARE REPURCHASES AND FIRM BE…Why do Firms Undertake Accelerated Share Repurchase Programs? (2008)Why do Firms Undertake Accele…Share Repurchase Offers and Liquidity: An Examination of Temporary and Permanent Effects (2008)Share Repurchase Offers and L…Repurchasing Shares on a Second Trading Line (2007)Repurchasing Shares on a Seco…The effects of insider trading on liquidity (2006)The effects of insider tradin…Repurchasing Shares on a Second Trading Line (2006)Repurchasing Shares on a Seco…On the Timing and Execution of Open Market Repurchases (2001)On the Timing and Execution o…The Pricing of Options and Corporate Liabilities (1973)The effects of dividend yield and dividend policy on common stock prices and returns (1974)Dividends and taxes (1978)Using daily stock returns (1985)Efficient Capital Markets: II (1991)Event-study methodology under conditions of event-induced variance (1991)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Job Market Signaling (1973)Market underreaction to open market share repurchases (1995)Market Efficiency, Long-Term Returns, and Behavioral Finance (1997)The cost of capital, corporation finance and the theory of investment (2008)Theory of Rational Option Pricing (1973)Price, trade size, and information in securities markets (1987)The Relation Between Price Changes and Trading Volume: A Survey (1987)Measuring the Information Content of Stock Trades (1991)Theory of rational option pricing (2005)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Investor Psychology and Security Market Under‐ and Overreactions (1998)Illiquidity and stock returns: cross-section and time-series effects (2002)Market Liquidity and Funding Liquidity (2008)The capital asset pricing model: Some empirical tests (1972)THE SUPPLY OF DEALER SERVICES IN SECURITIES MARKETS (1978)Transaction costs and the small firm effect (1983)Transaction costs and the small firm effect (1983)The Effects of Beta, Bid-Ask Spread, Residual Risk, and Size on Stock Returns (1989)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)Liquidity and stock returns: An alternative test (1998)Over-the-Counter Markets (2004)High-Frequency Trading and Price Discovery (2014)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Measuring security price performance (1980)Earnings Management During Import Relief Investigations (1991)Event Studies in Economics and Finance (1997)Risk, Return, and Equilibrium: Empirical Tests (1973)The relationship between return and market value of common stocks (1981)The theory and practice of econometrics (1986)Liquidity Risk and Expected Stock Returns (2003)Investor Sentiment and the Cross‐Section of Stock Returns (2006)The Nature of the Firm (1937)Mergers and the Market for Corporate Control (1965)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)A Survey of Corporate Governance (1997)Dynamic capabilities and strategic management (1997)Commonality in liquidity (2000)Market Liquidity and Trading Activity (2001)
this work references cited by second hop

References

  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1986Asset pricing and the bid-ask spread5,087 cited
  • 1968The Cost of Transacting1,909 cited
  • 1983Information Effects on the Bid-Ask Spread1,875 cited
  • 1976Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test1,749 cited
  • 1981Optimal dealer pricing under transactions and return uncertainty1,391 cited
  • 1981Common stock repurchases and market signalling1,037 cited
  • 1981Common stock repurchases697 cited
  • 1978THE PRICING OF SECURITY DEALER SERVICES: AN EMPIRICAL STUDY OF NASDAQ STOCKS630 cited
  • 1974Determinants of bid-asked spreads in the over-the-counter market560 cited
  • 1988Corporate payout policy424 cited
  • 1986Signalling with Dividends, Stock Repurchases, and Equity Issues315 cited
  • 1981Convertible calls and security returns212 cited
  • 1991Open-market stock repurchases as signals for earnings and risk changes180 cited
  • 1979Equity Rights Issues and the Efficiency of the UK Stock Market

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163 cited

Cited by

  • 2006The effects of insider trading on liquidity50 cited
  • 2001On the Timing and Execution of Open Market Repurchases47 cited
  • 2009Share Repurchases, the Clustering Problem, and the Free Cash Flow Hypothesis45 cited
  • 2011Stock repurchases and treasury share sales: Do they stabilize price and enhance liquidity?44 cited
  • 2007Repurchasing Shares on a Second Trading Line32 cited
  • 2008Why do Firms Undertake Accelerated Share Repurchase Programs?25 cited
  • 2006Repurchasing Shares on a Second Trading Line20 cited
  • 2009SHARE REPURCHASES AND FIRM BEHAVIOR18 cited
  • 2008Share Repurchase Offers and Liquidity: An Examination of Temporary and Permanent Effects18 cited
  • 2010Why Do Firms Undertake Accelerated Share Repurchase Programs?18 cited