Strategic satisficing? A behavioral-agency theory perspective on stock repurchase program announcements

Authors :: Sanders, Wm. Gerard
Carpenter, Mason A.
Source :: Academy of Management Journal. April, 2003, Vol. 46 Issue 2, p160, 19 p.
Publication Year :: 2003
Abstract: This research article presents findings from 250 U.S. companies that engaged in stock buyback programs in order to mollify shareholders. The paper also presents a model used to analyze the research data.

Subjects :: Business -- Finance
Business -- Investor relations
Stock redemption -- Usage
Stock redemption -- Economic aspects
Stock redemption -- Social aspects
Stock redemption -- Models
Company financing
Business
Business, general

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