Share repurchase announcements and abnormal returns for Swedish listed real estate companies
Asymmetric information in the management-investor relationship implies that the management’s actions will give signals to investors. According to the signalling hypothesis, an announcement of a share repurchase program is interpreted by investors that the management is putting its money where its mo...
Main Authors: | , |
---|---|
Format: | Others |
Language: | English |
Published: |
KTH, Bygg- och fastighetsekonomi
2011
|
Subjects: | |
Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-82045 |