References
- Chatterjee, C., & Mukherjee, P. (2015). Price behaviour around share buyback in the Indian equity market. Global Business Review, 16, 425–438.https://doi.org/10.1177/0972150915569931
- Dutta, A. (2015). Improved calendar time approach for measuring long-run anomalies. Cogent Economics & Finance, 3(1), 1–14.
- Fama, E. (1998). Market efficiency, long-term returns, and behavioral finance. Journal of Financial Economics, 49, 283–306.https://doi.org/10.1016/S0304-405X(98)00026-9
- Fu, F., & Huang, S. (in press). The persistence of long-run abnormal returns following stock repurchases and offerings. Management Science.
- Ikenberry, D., Lakonishok, J., & Vermaelen, T. (1995). Market underreaction to open-market share repurchases. Journal of Financial Economics, 39, 181–208.https://doi.org/10.1016/0304-405X(95)00826-Z
- Lakonishok, J., & Vermaelen, T. (1990). Anomalous price behavior around repurchase tender offers. The Journal of Finance, 45, 455–477.https://doi.org/10.1111/j.1540-6261.1990.tb03698.x
- Loughran, T., & Ritter, J. (2000). Uniformly least powerful tests of market efficiency. Journal of Financial Economics, 55, 361–389.https://doi.org/10.1016/S0304-405X(99)00054-9
- Lyon, J., Barber, B., & Tsai, C. (1999). Improved methods for tests of long-run abnormal stock returns. Journal of Finance, 54, 165–201.https://doi.org/10.1111/jofi.1999.54.issue-1
- Mitchell, M., & Stafford, E. (2000). Managerial decisions and long‐term stock price performance. Journal of Business, 73, 287–329.https://doi.org/10.1086/jb.2000.73.issue-3
- Peyer, U., & Vermaelen, T. (2009). The nature and persistence of buyback anomalies. Review of Financial Studies, 22, 1693–1745.https://doi.org/10.1093/rfs/hhn024