THE REPURCHASE OF SHARES - ANOTHER FORM OF REWARDING INVESTORS - A THEORETICAL APPROACH
Maria Prisacariu () and
Diana - Ramona PATRASCU (sandu) ()
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Maria Prisacariu: Alexandru Ioan Cuza University of Iasi, Faculty of Economics and Business Administration, maria.prisacariu@uaic.ro, Iasi, Romania
Diana - Ramona PATRASCU (sandu): Alexandru Ioan Cuza University of Iasi, Faculty of Economics and Business Administration, diana_ramona_sandu@yahoo.com, Iasi, Romania
Journal of Public Administration, Finance and Law, 2013, vol. 3, issue 3, 75-81
Abstract:
Among the shareholder remuneration policies, in recent years, share repurchases are gaining more and more ground. Like any other phenomenon or financial practice, repurchases lacked no theories to explain their motivation, effects and controversies. This paper proposes a theoretical approach to the subject by summarizing relevant research in order to highlight the motivations behind this decision and its implications.
Keywords: repurchase shares; equity; signaling theory (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:aic:jopafl:y:2013:v:3:p:75-81
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