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Are Buybacks Good for Long-Term Shareholder Value? Evidence from Buybacks around the World
16 references·0 citing·37 second hop
Are Buybacks Good for Long-Term Shareholder Value? Evidence from Buybacks around the World (2013)Are Buybacks Good for Long-Term Sharehold…Size, value, and momentum in international stock returns (2012)Size, value, and momentum in …Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…Why do countries matter so much for corporate governance?☆ (2007)Why do countries matter so mu…The ultimate ownership of Western European corporations (2002)The ultimate ownership of Wes…Investor Protection and Corporate Valuation (2002)Investor Protection and Corpo…Investor protection and corporate governance (2000)Investor protection and corpo…GOLBALIZATION, CORPORATE FINANCE, AND THE COST OF CAPITAL (1999)GOLBALIZATION, CORPORATE FINA…Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure (1998)Theory of the Firm: Manageria…Law and Finance (1998)Law and FinanceOn Persistence in Mutual Fund Performance (1997)On Persistence in Mutual Fund…Law and Finance (1996)Law and FinanceMarket underreaction to open market share repurchases (1995)Market underreaction to open …Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Estimating betas from nonsynchronous data (1977)Estimating betas from nonsync…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Price performance of common stock new issues (1975)Price performance of common s…A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)An Intertemporal Capital Asset Pricing Model (1973)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)A five-factor asset pricing model (2014)The Problem of Social Cost (1960)Corporate Governance and Equity Prices (2003)Earnings management and investor protection: an international comparison (2003)Law, finance, and economic growth in China (2005)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Survey of Corporate Governance (1997)Corporate Ownership Around the World (1999)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)How do family ownership, control and management affect firm value? (2005)Politically Connected Firms (2006)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Legal Determinants of External Finance (1997)The Colonial Origins of Comparative Development: An Empirical Investigation (2001)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms (2003)R2 around the world: New theory and new tests☆ (2005)Over-investment of free cash flow (2006)Disentangling the Incentive and Entrenchment Effects of Large Shareholdings (2002)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1998Law and Finance17,902 cited
  • 1997On Persistence in Mutual Fund Performance17,267 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 2000Investor protection and corporate governance6,847 cited
  • 2002Investor Protection and Corporate Valuation4,055 cited
  • 2002The ultimate ownership of Western European corporations3,798 cited
  • 1977Estimating betas from nonsynchronous data2,751 cited
  • 1998Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure2,749 cited
  • 1996Law and Finance2,451 cited
  • 2012Size, value, and momentum in international stock returns1,822 cited
  • 1995Market underreaction to open market share repurchases1,739 cited
  • 1975Price performance of common stock new issues1,341 cited
  • 1999GOLBALIZATION, CORPORATE FINANCE, AND THE COST OF CAPITAL1,264 cited
  • 2007Why do countries matter so much for corporate governance?☆

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