Informational content of share repurchase announcements : an empirical investigation on the Korean stock market자사주구매공시의 정보효과에 관한 연구 : 한국주식시장에 대한 실증분석
The Finance Ministry of Korea amended the stock exchange law for the listed firms to be able to repurchase the firm``s own shares from April 1994 as a means to fend off hostile M \& A which will be possible from the first of January 1997. In this paper the Korean stock market reponse to share repurchase announcements is explored and information is provided on the determinants of the market response in Korea. In particular, the relation between the announcement effect associated with timing and the level of information contained in the earnings is emphasized.
- Advisors
- Kim, In-Joonresearcher; 김인준researcher
- Description
- 한국과학기술원 : 경영정책학과,
- Publisher
- 한국과학기술원
- Issue Date
- 1995
- Identifier
- 98639/325007 / 000933536
- Language
- eng
- Description
학위논문(석사) - 한국과학기술원 : 경영정책학과, 1995.2, [ [i], 53 p. ]
- Appears in Collection
- KGSM-Theses_Master(석사논문)
- Files in This Item
- There are no files associated with this item.
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