Repurchase announcements, lies and false signals

Journal of Business Ethics

Volumn 16, Issue 15, 1997, Pages 1677-1685

  Kracher, Beverly ^a   Johnson, Robert R ^a  

^a CREIGHTON UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0037719228     PISSN: 01674544     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1017968003026     Document Type: Article

References (25)

1. Alston, W. P.: 1972, 'Sign and Symbol', The Encyclopedia of Philosophy 7-8, 437-441.
2. Asquith, P. and D. W. Mullins, Jr.: Autumn 1986, 'Signalling with Dividends, Stock Repurchases, and Equity Issues', Financial Management, 27-44.
3. Bok, S.: 1978, Lying, Moral Choice in Public and Private Life (Vintage Books, New York).
4. Casey, J. L.: 1990, Ethics in the Financial Marketplace (Scudder, New York).
5. Dann, L. Y.: June 1981, 'Common Stock Repurchases: An Analysis of Returns to Bondholders and Stockholders', Journal of Financial Economics, 113-138.
6. Denis, D. J.: December 1990, 'Defensive Changes in Corporate Payout Policy: Share Repurchases and Special Dividends', Journal of Finance, 1433-1456.
7. Dyl, E. A.: Autumn 1974, 'A Critical Examination of Share Repurchase: Dyl and White vs. Norgaard and Norgaard,' Financial Management, 68-70.
8. Johnson, R. R. and F. Jensen: October 1988, 'Common Stock Repurchases: Evidence from the Crash of '87', Southern Business and Economic Journal, 2-13.
9. Laderman, J. M.: August 23, 1993, 'The Great Buyback Boom of '93', Business Week, 76-77.
10. Lee, D. S., W. H. Mikkelson and M. M. Partch: December 1992, 'Managers' Trading Around Stock Repurchases', Journal of Finance, 1947-1961.
11. Loomis, C. J.: April 29, 1985, 'Beating the Market by Buying Back Stock', Fortune, 42-48.
12. Lowenstein, L.: 1991, Sense and Nonsense in Corporate Finance (Addison-Wesley: New York).
13. Masulis, R.: May 1980, 'Stock Repurchase by Tender Offer: An Analysis of the Causes of Common Stock Price Changes', Journal of Finance, 305-319.
14. Mintz, S. L.: May 1988, 'Pssst, Ford Motor - and Many Others - Have Found Something Better Than Dividends', Corporate Finance, 54-58.
15. Nash, L. L.: 1993, Good Intentions Aside, A Manager's Guide to Resolving Ethical Problems (Harvard Business School Press, Boston, MA).
16. Netter, J. M. and M. L. Mitchell: Autumn 1989, 'Stock-Repurchase Announcements and Insider Transactions after the October 1987 Stock Market Crash', Financial Management, 84-96.
17. Norgaard, R. and C. Norgarrd: Spring 1974, 'A Critical Examination of Share Repurchasing', Financial Management, 44-51.
18. Palmer, J.: April 25, 1988, 'Promises, Promises: Or What Happened to All Those Post-Crash Buybacks?', Barron's 13, 21-24.
19. Picker, I.: March 1988, 'Are Those Buyback Programs For Real?', Institutional Investor.
20. Pierce, C. S.: 1931-1935, Collected Papers (Cambridge, Mass.).
21. Reynes, R.: February 1983, 'Timing a Stock Buyback Program', Corporate Finance, 47.
22. Shaw, W. H. and V. Barry: 1995, Moral Issues In Business. (6th Ed.) (Wadsworth Publishing Company, Belmont, CA).
23. Shefrin, H. and M. Statman: 1994, Ethics, Fairness, Efficiency, and Financial Markets (Association for Investment Management and Research, Charlottesville, VA).
24. Stewart, B. J. and D. Hertzberg: November 20, 1987, 'Terrible Tuesday: How the Stock Market Died and Rose Again a Day After the Crash', The Wall Street Journal.
25. Valesquez, M.: 1988, Business Ethics (2nd Ed.) (Prentice-Hall, Englewood Cliffs, N.J.).