Gyimah, DanielSiganos, AntoniosVeld, Chris2022-09-152022-09-152019-12-02Gyimah, 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.2828183ORCID: /0000-0003-2563-4555/work/191423747https://hdl.handle.net/2164/19184The 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.531669912engDebt-financed share repurchasesfinancial constraintsdebt market conditionsequity undervaluationinvestment expendituresHF5601 AccountingHF5601Why do financially unconstrained firms borrow to repurchase shares?Working or discussion paper10.2139/ssrn.2828183