An Analysis of SEC Guidelines for Executing Open Market Repurchases

Journal of Business

Volumn 76, Issue 2, 2003, Pages 289-315

  Cook, Douglas O ^a   Krigman, Laurie ^b   Leach, J Chris ^c  

^a UNIVERSITY OF MISSISSIPPI   (United States)

^b BABSON COLLEGE   (United States)

^c UNIVERSITY OF COLORADO   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0742271460     PISSN: 00219398     EISSN: None     Source Type: Journal    
DOI: 10.1086/367751     Document Type: Review

References (13)

1. Bettis, J. C.; Coles, J. L.; and Lemmon, M. L. 2000. Corporate policies restricting trading by insiders. Journal of Financial Economics 57, no. 2:191-220.
2. Brealey, R. A., and Myers, S. C. 1996. Principles of Corporate Finance. 5th ed. New York: McGraw Hill.
3. Cook, D. O.; Krigman, L.; and Leach, J. C. 2003. On the timing and execution of open market repurchases. Review of Financial Studies, in press.
4. Feller, Lloyd H., and Chamberlin, Mary. 1984. Issuer repurchases. Review of Securities Regulation 17, no. 1:993-98.
5. Greene, W. H. 1993. Econometric Analysis. 2d ed. New York: Macmillan.
6. Ikenberry, D.; Lakonishok, J.; and Vermaelen, T. 2000. Stock repurchases in Canada: Performance and strategic trading. Journal of Finance 55, no. 5:2373-97.
7. Krigman, L. 1997. Does "illusory" volume matter? The impact of trading protocol on reported volume and empirical measures of liquidity, volatility and execution cost. Ph.D. dissertation, University of Colorado, Finance Department.
8. Lipton, M. 1974. Corporate repurchases: Disclosure requirements, certain accounting considerations. In J. H. Flom (ed.), Corporate Stock Repurchases. New York: New York Law Journal.
9. Loomis, C. J.; Moss, R.; and Baig, E. 1985. Beating the market by buying back stock. Fortune 111 (April 29): 42-48.
10. Meulbroek, L. K. 1992. An empirical analysis of illegal insider trading. Journal of Finance 47, no. 5:1661-99.
11. Schertz, L. 1988. Toward a safer buyback harbor? Institutional Investor (February), p. 148.
12. Schipper, K., and R. Thompson. 1983. The impact of merger-related regulations on the shareholders of acquiring firms. Journal of Accounting Research 21, no. 1:184-221.
13. U.S. Senate. 1967. Full Disclosure of Corporate Equity Ownership and in Corporate Take-Over Bids. 90th Cong., 1st sess. S. Rept. 550.