Do mergers and acquisitions announcements create value for acquirer shareholders in Africa

G Amewu, P Alagidede - International Journal of Finance & …, 2018‏ - Wiley Online Library
This study provides evidence of positive abnormal returns earned by shareholders of
acquirers upon merger and acquisition (M&A) announcements on African markets. We …

Economic policy uncertainty and insider trading

S El Ghoul, O Guedhami, R Nash… - Journal of Financial …, 2022‏ - Wiley Online Library
In this article, we examine the effects of economic policy uncertainty (EPU) on insider
trading. Two hypotheses predict that EPU is positively related to insider trading volume and …

Share repurchases and stock market reactions: Messages from the restaurant industry

J Gim, SCS Jang - International Journal of Hospitality Management, 2020‏ - Elsevier
It is generally accepted that investors tend to react favorably to share repurchases. However,
it is actually not uncommon for investors to underreact to some share repurchases. Recently …

[PDF][PDF] Market reaction to actual share repurchase in Malaysia

M Isa, Z Ghani - Asian Journal of Business and Accounting, 2011‏ - jupidi.um.edu.my
Market Reaction to Actual Share Repurchase in Malaysia Page 1 Asian Journal of Business
and Accounting, 4(2), 2011, 27-46 ISSN 1985-4064 Asian Journal of Business and Accounting …

Stock price movement around the merger announcements: insider trading or market anticipation?

P Jain, M A. Sunderman - Managerial Finance, 2014‏ - emerald.com
Purpose–The purpose of this paper is to examine the stock price movements for existence of
informed trading prior to a merger announcement for the companies listed on the emerging …

[PDF][PDF] MARKET REACTIONS TO SHARE REPURCHASE ANNOUNCEMENTS IN MALAYSIA.

M Isa, SP Lee - Asian Academy of Management Journal of Accounting …, 2014‏ - usm.my
This paper examines share price behaviour surrounding share repurchase announcements
in the context of information asymmetry and signalling hypothesis. We use event-type …

In search of stock repurchases determinants in listed Indonesian firms during regulatory changes

A Moin, Y Guney, I El Kalak - Journal of Economic Behavior & Organization, 2020‏ - Elsevier
Motivated by the introduction of share repurchases regulations in 1998 and 2007 coupled
with unique characteristics of the Indonesian market, we investigate the effect of firms' sub …

[HTML][HTML] Determinants of Cash Distribution Options in South African Listed Firms: An Empirical Analysis of Earnings, Company Size, and Economic Value Added

NF Munzhelele, AM Obadire - Risks, 2023‏ - mdpi.com
The purpose of this study was to examine the determinants of cash distribution options by
critically considering the effects of earnings, dividends, firm size, and economic value added …

Additional evidence on the frequency of share repurchases and managerial timing

A De Ridder - The Quarterly Review of Economics and Finance, 2015‏ - Elsevier
Are firms with multiple share repurchase programs associated with positive abnormal
performance and is the performance related to cash flow levels in firms? Do managers …

Insider trading in Hong Kong: tests of stock returns and trading frequency

M Firth, TY Leung, OM Rui - … of Pacific Basin financial markets and …, 2011‏ - World Scientific
The main purpose of this paper is to examine the legal insider trading activities by directors
of companies listed on the Hong Kong Exchange over the period 1993 to 1999. One …