Effects of Financial Constraints and Product Market Competition on Share Repurchases
(2021)
Journal Article
Gyimah, D., Siganos, A., & Veld, C. (2021). Effects of Financial Constraints and Product Market Competition on Share Repurchases. Journal of International Financial Markets, Institutions and Money, 74, Article 101392. https://doi.org/10.1016/j.intfin.2021.101392
This study explores the importance of financial constraints and product market competition on the share repurchase decision. We find that financially constrained firms are more likely to conduct debt-financed share repurchases. Financially unconstrai... Read More about Effects of Financial Constraints and Product Market Competition on Share Repurchases.