Stefano Bonini, Vincenzo Capizzi, Maurizio Lombardi, Roberto Mazzei have shown in their paper that share buybacks have experienced a tremendous growth, but people still don’t have a clear understanding of this phenomenon, also because of limited samples available on these corporate decisions. The authors aims at testing the main hypotheses on buybacks drivers and effects by analysing the impact of share repurchase announcements on the performance of companies listed on the Italian Stock Exchange, conditional and unconditional on the 1998 introduction of the Capital Market Reform.
Testing Share Repurchases Hypotheses: a Conditional Study / Mazzei, Roberto; Bonini, S; Capizzi, S; Lombardi, M.. - In: CORPORATE OWNERSHIP & CONTROL. - ISSN 1727-9232. - 5:4(2008), pp. 254-265.
Testing Share Repurchases Hypotheses: a Conditional Study
MAZZEI, Roberto;
2008-01-01
Abstract
Stefano Bonini, Vincenzo Capizzi, Maurizio Lombardi, Roberto Mazzei have shown in their paper that share buybacks have experienced a tremendous growth, but people still don’t have a clear understanding of this phenomenon, also because of limited samples available on these corporate decisions. The authors aims at testing the main hypotheses on buybacks drivers and effects by analysing the impact of share repurchase announcements on the performance of companies listed on the Italian Stock Exchange, conditional and unconditional on the 1998 introduction of the Capital Market Reform.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
