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dc.contributor.authorSonika, Rohit
dc.contributor.authorCarline, Nicholas F.
dc.contributor.authorShackleton, Mark B.
dc.date.accessioned2015-04-14T10:06:06Z
dc.date.issued2014-12-01
dc.description.abstractOpen-market repurchase programs provide firms with the flexibility to manage the cash and risk aspects of their operations. We examine at which stage cash and risk matter in the typical stages of a repurchase program: announcement, implementation, and withdrawal. Cash and risk considerations appear to matter only at the implementation stage, and partially negate the traditional signaling effect around program announcement.en_GB
dc.identifier.citationVol. 43, pp. 833 - 855en_GB
dc.identifier.doi10.1111/fima.12054
dc.identifier.urihttp://hdl.handle.net/10871/16788
dc.language.isoenen_GB
dc.publisherJohn Wiley and Sons Inc.en_GB
dc.relation.urlhttp://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1755-053X/en_GB
dc.rights.embargoreasonPublisher requires embargo of 12 monthsen_GB
dc.subjectShare repurchasesen_GB
dc.titleThe option and decision to repurchase stocken_GB
dc.typeArticleen_GB
dc.identifier.issn0046-3892
dc.descriptionJournal Articleen_GB
dc.descriptionThis is the accepted version of the following article: The option and decision to repurchase stock. Financial Management, Volume 43, Issue 4, pages 833–855, Winter 2014 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/fima.12054/abstracten_GB
dc.identifier.eissn1755-053X
dc.identifier.journalFinancial Managementen_GB


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