We use a new database of long-run stock, bond, bill, inflation, and currency returns to
estimate the equity risk premium for 17 countries and a world index over a 106-year interval …

Across the OECD, a process of financialisation of the economy can be observed. Defined as
the increasing dominance of the finance industry over the real economy and workers …

We study the association between earnings‐per‐share (EPS)‐motivated share repurchases
and wealth transfer between the repurchasing firm's ongoing shareholders and …

Accelerated share repurchase (ASR) programs, an innovative way of repurchasing shares,
have become increasingly popular in recent years. In this paper, we analyze firms' rationale …

The earnings yield, determined by the ratio of reported earnings to price, is frequently used
to predict real return. Complications characterize the predictions, however, because …

A formal theory is presented for the valuation of share buybacks. Formulas are given for
calculating the equilibrium and effect on shareholder value in different share buyback …

Şirketlerin tüzel bir kişilik olarak çeşitli yöntemler yoluyla sermaye piyasalarında işlem
görmekte olan kendi hisselerini tıpkı herhangi bir yatırımcı gibi satın alabilmesi özellikle son …

Zasadniczym celem artykułu jest zaprezentowanie wyników wstępnych badań empirycznych
nad substytucyjnością zwrotu środków pienięŜnych do akcjonariuszy spółek notowanych na …

Conclusions. In ratemaking, NCCI relies on two concepts of estimating the cost of equity
capital in workers compensation. Important inputs to these approaches rest on long-term …

Zasadniczym celem opracowania jest zaprezentowanie rezultatów studiów literaturowych
nad metodami nabycia akcji własnych stosowanymi przez spółki publiczne, jak równie …