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Economic Sources of Gain in Stock Repurchases
16 references·16 citing·34 second hopsampled
Economic Sources of Gain in Stock Repurchases (2004)Economic Sources of Gain in Stock Repurch…Dividends, Share Repurchases, and the Substitution Hypothesis (2002)Dividends, Share Repurchases,…Are Insider Trades Informative? (2001)Are Insider Trades Informativ…Improved Methods for Tests of Long‐Run Abnormal Stock Returns (1999)Improved Methods for Tests of…Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. 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)Market efficiency, long-term …Actual Share Reacquisitions in Open‐Market Repurchase Programs (1998)Actual Share Reacquisitions i…Measuring long-horizon security price performance (1997)Measuring long-horizon securi…Industry costs of equity (1997)Industry costs of equityGood News for Value Stocks: Further Evidence on Market Efficiency (1997)Good News for Value Stocks: F…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 …Contrarian Investment, Extrapolation, and Risk (1994)Contrarian Investment, Extrap…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Free Cash Flow and Stockholder Gains in Going Private Transactions (1989)Free Cash Flow and Stockholde…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Using daily stock returns (1985)Using daily stock returnsCommon stock repurchases and market signalling (1981)Common stock repurchases and …Share Pledges and Margin Call Pressure (2018)Share Pledges and Margin Call…A cross-country study of legal-system strength and real earnings management (2016)A cross-country study of lega…THE INTERNATIONAL JOURNAL OF ORGANIZATIONAL INNOVATION (2015)THE INTERNATIONAL JOURNAL OF …The market valuation of share repurchases in Europe (2014)The market valuation of share…Payout Policy (2014)Payout PolicyCapital structure, equity mispricing, and stock repurchases (2014)Capital structure, equity mis…Insider trading and share repurchases: Do insiders and firms trade in the same direction? (2013)Insider trading and share rep…The Credibility of Open Market Share Repurchase Signaling (2012)The Credibility of Open Marke…Repurchases, Reputation, and Returns (2012)Repurchases, Reputation, and …Offsetting Illegitimacy? How Pressures from Securities Analysts Influence Incumbents in the Face of New Technologies (2012)Offsetting Illegitimacy? How …Financial constraints and share repurchases (2012)Financial constraints and sha…Cash holdings and share repurchases: International evidence (2011)Cash holdings and share repur…Share repurchases as a potential tool to mislead investors (2009)Share repurchases as a potent…Errors in estimating share repurchases (2008)Errors in estimating share re…The Takeover Deterrent Effect of Open Market Share Repurchases (2007)The Takeover Deterrent Effect…Do managers time the market? Evidence from open-market share repurchases (2007)Do managers time the market? …CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Do Investors Trade Too Much? (1999)Managerial Decisions and Long‐Term Stock Price Performance (2000)The Economic Costs of Conflict: A Case Study of the Basque Country (2003)An Empirical Evaluation of Accounting Income Numbers (1968)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)Risk, Return, and Equilibrium: Empirical Tests (1973)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)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Illiquidity and stock returns: cross-section and time-series effects (2002)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)Investor Psychology and Asset Pricing (2001)More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)Presidential Address: Discount Rates (2011)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)A Survey of Corporate Governance (1997)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Evidence on the Characteristics of Cross Sectional Variation in Stock Returns (1997)The Stock Market Valuation of Research and Development Expenditures (2001)Asset Growth and the Cross‐Section of Stock Returns (2008)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1985Using daily stock returns6,497 cited
  • 1997Industry costs of equity5,793 cited
  • 1994Contrarian Investment, Extrapolation, and Risk4,198 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1998Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. 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.12,572 cited
  • 1999Improved Methods for Tests of Long‐Run Abnormal Stock Returns1,826 cited
  • 1995Market underreaction to open market share repurchases1,739 cited
  • 2002Dividends, Share Repurchases, and the Substitution Hypothesis1,467 cited
  • 2001Are Insider Trades Informative?1,229 cited
  • 1989Free Cash Flow and Stockholder Gains in Going Private Transactions1,097 cited
  • 1981Common stock repurchases and market signalling1,037 cited
  • 1997Measuring long-horizon security price performance991 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1998Actual Share Reacquisitions in Open‐Market Repurchase Programs844 cited
  • 1997Good News for Value Stocks: Further Evidence on Market Efficiency805 cited
  • Cited by

    • 2007The Takeover Deterrent Effect of Open Market Share Repurchases246 cited
    • 2012Financial constraints and share repurchases233 cited
    • 2018Share Pledges and Margin Call Pressure232 cited
    • 2014Payout Policy221 cited
    • 2008Errors in estimating share repurchases212 cited
    • 2012Offsetting Illegitimacy? How Pressures from Securities Analysts Influence Incumbents in the Face of New Technologies212 cited
    • 2009Share repurchases as a potential tool to mislead investors169 cited
    • 2012The Credibility of Open Market Share Repurchase Signaling146 cited
    • 2011Cash holdings and share repurchases: International evidence121 cited
    • 2014Capital structure, equity mispricing, and stock repurchases121 cited
    • 2013Insider trading and share repurchases: Do insiders and firms trade in the same direction?107 cited
    • 2007Do managers time the market? Evidence from open-market share repurchases107 cited
    • 2012Repurchases, Reputation, and Returns104 cited
    • 2016A cross-country study of legal-system strength and real earnings management97 cited
    • 2014The market valuation of share repurchases in Europe94 cited
    • 2015THE INTERNATIONAL JOURNAL OF ORGANIZATIONAL INNOVATION75 cited