Essays on repurchases and tender offers.
This thesis examines stock repurchases. Chapter 1 begins the study by discussing and testing several possible motivations for stock buy backs, including firm undervaluation, changes in firm capital structure, expropriation from debtholders, distribution of free cash flow, and signalling informed ins...
| Main Author: | |
|---|---|
| Language: | en |
| Published: |
The University of Arizona.
1994
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10150/186799 |