This literature review aims to address the critical knowledge gap in the field of share
repurchase executions, a financial activity involving companies repurchasing trillions of …

This study explores the importance of financial constraints and product market competition
on the share repurchase decision. We find that financially constrained firms are more likely …

This article investigates how corruption (COR) and the COVID-19 (COV) pandemic affect
corporate payout decisions. The sample contains 13,865 firm-years over 2012-2020 and …

Share pledging for insiders' personal bank loans is associated with the agency problems of
insider risk aversion and stock price crash risk. We examine the relation between insider …

This paper explains how firms choose between dividends and open‐market repurchase
programs, the prevailing method that firms use to disburse cash today. While earlier theories …

This paper is the first comparative study examining the determinants of stock repurchases
during the period of unconventional monetary policy. By constructing a vast firm-level …

This pre-registered study seeks to investigate the effects of bank ties on corporate
repurchase decisions and stock price reactions to buyback announcements. We make …

We examine the key drivers behind management decisions on share repurchase from
various theoretical perspectives, including the free cash flow theory and the signaling …

Using micro-level data of Mortgage-Backed Securities (MBS) deals–a different empirical
approach than those employed in the existing literature, this paper examines quantitatively …

It has become a common practice for restaurant firms to spend amounts exceeding their
earnings on share buybacks by depleting their cash reserves or even by borrowing money …