Stock Repurchases and Firm Performance:Evidence from a decomposition of market-to-book ratio
碩士 === 國立中正大學 === 財務金融所 === 96 === To examine the extent to which misvaluation and/or investment opportunities motivates stock repurchase decisions, we follow Rhodes-Kropf, Robinson and Viswanathan (2005) to decompose market-to-book ratios into three components: the firm-specific pricing deviation f...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2008
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Online Access: | http://ndltd.ncl.edu.tw/handle/75122391109462002025 |