Earnings and risk changes around stock repurchase tender offers

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

Corporate financing and investment decisions when firms have information that investors do not have

1984 • 18,167 citations

Using daily stock returns

1985 • 6,463 citations

The Determination of Financial Structure: The Incentive-Signalling Approach

1977 • 3,814 citations

Dividend Policy under Asymmetric Information

1985 • 3,145 citations

Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy

1979 • 2,777 citations

Dividends, Dilution, and Taxes: A Signalling Equilibrium

1985 • 1,404 citations

Common stock repurchases and market signalling

1981 • 1,054 citations

Financial Reporting: An Accounting Revolution.

1982 • 1,046 citations

THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS

1972 • 1,034 citations

Investment banking and the capital acquisition process

1986 • 1,024 citations

Dividend Policy under Asymmetric Information

1985 • 747 citations

Common stock repurchases

1981 • 737 citations

Anomalous Price Behavior Around Repurchase Tender Offers

1990 • 404 citations

Stock Repurchase by Tender Offer: An Analysis of the Causes of Common Stock Price Changes

1980 • 273 citations

Repurchase Tender Offers, Signaling, and Managerial Incentives

1984 • 262 citations

Dividends, Dilution, and Taxes: A Signalling Equilibrium

1985 • 239 citations

Corporate Financial Policy, Information, and Market Expectations: An Empirical Investigation of Dividends

1987 • 222 citations

The Effect of the Firm's Capital Structure on the Systematic Risk of Common Stocks

1972 • 221 citations

Open-market stock repurchases as signals for earnings and risk changes

1991 • 190 citations

Earnings and Risk Changes Surrounding Primary Stock Offers

1990 • 176 citations

Repurchase tender offers and earnings information

1991 • 176 citations

The Effects of Stock Repurchases on Rival Firms

1991 • 83 citations

Anomalous Price Behavior Around Repurchase Tender Offers

1990 • 79 citations

Stock Repurchase by Tender Offer: An Analysis of the Causes of Common Stock Price Changes

1980 • 63 citations

Corporate Financial Policy, Information, and Market Expectations: An Empirical Investigation of Dividends

1987 • 62 citations

Equity Issues and Changes in Expectations of Earnings by Financial Analysts

1992 • 49 citations

The information content of equity-for-debt swaps

1989 • 31 citations

Earnings Expectations and Capital Restructuring: The Case of Equity-for-Debt Swaps

1988 • 27 citations

Repurchase offers : information adjusted premiums and shareholders' response

1982 • 20 citations

The Effects of Stock Repurchases on Rival Firms

1991 • 18 citations