Stock Repurchases: Theory and Evidence by Jim Hsieh, Qinghai Wang

SSRN-Stock Repurchases: Theory and Evidence by Jim Hsieh, Qinghai Wang:From the abstract: "...article surveys the theoretical and empirical studies on share repurchases. Share repurchases have surpassed cash dividends and become the dominant form of corporate payouts since the last decade. This study provides a brief description of five major types of share repurchases and considers the motives