Incomplete Share Repurchase Programs in Vietnam: Completion Rates and Short-Term Returns

Incomplete Share Repurchase Programs in Vietnam: Completion Rates and Short-Term Returns

Stock repurchases have become a preferred method of distributing cash to stockholders. However, given the high level of information asymmetry and weak corporate governance as well as poor investor protection in Vietnam, many Vietnamese firms use stock repurchases as a tool to manipulate stock prices...

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Bibliographic Details
Main Authors: Kien Cao, Thuy Nguyen, Hong Nguyen, Hien Bui
Format: Article
Language:English
Published: MDPI AG 2020-09-01
Series:International Journal of Financial Studies
Subjects:
stock repurchase
share buyback
completion rates
market efficiency
short-term returns
CEO characteristics
Online Access:https://www.mdpi.com/2227-7072/8/3/57

Internet

https://www.mdpi.com/2227-7072/8/3/57

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