The Researches on Stock Repurchase Motivation of Listing Corporation in China

被引:0
作者
Wang Qian [1 ]
Qian Weifang [1 ]
He Qing [1 ]
机构
[1] Zhejiang Univ Technol, Coll Business & Adm, Hangzhou 310023, Zhejiang, Peoples R China
来源
PROCEEDINGS OF 2013 INTERNATIONAL CONFERENCE - WTO & FINANCIAL ENGINEERING | 2013年
关键词
Listed companies; Stock repurchase; Repurchase motivation;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, we take the stock repurchases in China's Shanghai and Shenzhen stock markets as the object of study, collect a total of 86 stock repurchase events from all listed companies that declared to carry out stock repurchase during the period from June 2005 to the end of 2012, and adopts multiple regression analysis to test the applicability and try to verify the classic stock repurchase theory in the context of our country. The research results show that EPS theory and signal transmission theory have good explanation effect in our country, and other theories' explanation effects are weaker.
引用
收藏
页码:270 / 276
页数:7
相关论文
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