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Why do financially unconstrained firms borrow to repurchase shares?

dc.contributor.authorGyimah, Daniel
dc.contributor.authorSiganos, Antonios
dc.contributor.authorVeld, Chris
dc.contributor.institutionUniversity of Aberdeen.Accountancyen
dc.date.accessioned2022-09-15T14:26:00Z
dc.date.available2022-09-15T14:26:00Z
dc.date.issued2019-12-02
dc.descriptionThe authors are grateful to Seth Armitage, Vidhan Goyal, Yulia Merkoulova, Patrick Verwijmeren, and Betty Wu for helpful comments and suggestions. Special thanks go to two anonymous referees and to Alan Lowe and Nathan Joseph, the editors, for their very helpful comments.en
dc.format.extent53
dc.format.extent1669912
dc.identifier149839883
dc.identifier2eb959ca-2562-4f12-a0a7-c9e222749c4b
dc.identifier.citationGyimah, D, Siganos, A & Veld, C 2019 'Why do financially unconstrained firms borrow to repurchase shares?' SSRN, pp. 1-53. https://doi.org/10.2139/ssrn.2828183en
dc.identifier.doi10.2139/ssrn.2828183
dc.identifier.otherORCID: /0000-0003-2563-4555/work/191423747
dc.identifier.urihttps://hdl.handle.net/2164/19184
dc.language.isoeng
dc.publisherSSRN
dc.relation.ispartofen
dc.subjectDebt-financed share repurchasesen
dc.subjectfinancial constraintsen
dc.subjectdebt market conditionsen
dc.subjectequity undervaluationen
dc.subjectinvestment expendituresen
dc.subjectHF5601 Accountingen
dc.subject.lccHF5601en
dc.titleWhy do financially unconstrained firms borrow to repurchase shares?en
dc.typeWorking or discussion paperen

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