When a buyback isn't a buyback: Open market repurchases and employee options

Journal of Financial Economics

Volumn 63, Issue 2, 2002, Pages 235-261

  Kahle, Kathleen M ^a  

^a UNIVERSITY OF PITTSBURGH   (United States)

Author keywords

Employee stock options; Executive stock options; Share repurchase

Indexed keywords

EID: 0036145216     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-405X(01)00095-2     Document Type: Article

References (22)

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3. Evidence on how companies choose between dividends and open-market stock repurchases
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5. The relative signaling power of Dutch-auction and fixed-price self-tender offers and open-market share repurchases
6. Common stock repurchases: An analysis of returns to bondholders and stockholders
7. Special dividends and the evolution of dividend signaling
8. Corporate payout policy and managerial stock incentives
9. The cash flow permanence and information content of dividend increases vs. repurchases
10. The option to repurchase stock
11. Market underreaction to open market share repurchases
12. Financial flexibility and the choice between dividends and stock repurchases
13. Stock repurchases and incentive compensation
14. Earnings management to avoid losses and performance of accrual prediction models
15. Free cash flow and stockholder gains to going private transactions
16. Executive compensation
17. Predicting takeover targets: A methodological and empirical analysis
18. Actual share reacquisitions in open-market repurchase programs
19. Employee strategies for stock based compensation
20. Common stock repurchases and market signaling: An empirical study
21. Big Deal: The Battle for Control of America's Leading Corporations
22. Corporate share repurchases in the mid 1990s: What role do stock options play?