Matches in SemOpenAlex for { <https://semopenalex.org/work/W1945706722> ?p ?o ?g. }
- W1945706722 endingPage "69" @default.
- W1945706722 startingPage "47" @default.
- W1945706722 abstract "The signaling hypothesis of share repurchases implies that management uses repurchases to signal either that their firm's future operating performance will improve or that shares of their stock are simply underpriced by the market. This study examines which of the two interpretations can better explain open-market share repurchase programs announced by insurance companies. We find no evidence that future-operating performance of insurers improves following the repurchase announcement. In addition, changes in future operating performance cannot explain the announcement-period abnormal return. Instead, the stock undervaluation prior to the repurchase announcement can significantly explain the announcement-period abnormal return, particularly for life insurers. Overall, our results suggest that the positive market reaction to insurers’ open-market share repurchase announcements is due to the stock undervaluation by the market, but not due to positive information content about future operating performance conveyed in the repurchase announcement." @default.
- W1945706722 created "2016-06-24" @default.
- W1945706722 creator A5000789452 @default.
- W1945706722 creator A5011618570 @default.
- W1945706722 creator A5049924870 @default.
- W1945706722 creator A5055042848 @default.
- W1945706722 date "2013-03-01" @default.
- W1945706722 modified "2023-09-27" @default.
- W1945706722 title "Open-Market Stock Repurchases by Insurance Companies and Signaling" @default.
- W1945706722 cites W1584950101 @default.
- W1945706722 cites W1986723001 @default.
- W1945706722 cites W2042812682 @default.
- W1945706722 cites W2046005511 @default.
- W1945706722 cites W2096449800 @default.
- W1945706722 cites W2101346776 @default.
- W1945706722 cites W2108818539 @default.
- W1945706722 cites W2142856961 @default.
- W1945706722 cites W3122215577 @default.
- W1945706722 cites W3122368200 @default.
- W1945706722 cites W3123444304 @default.
- W1945706722 cites W3123970652 @default.
- W1945706722 cites W3124262658 @default.
- W1945706722 cites W3124631325 @default.
- W1945706722 cites W3125049125 @default.
- W1945706722 cites W3125077853 @default.
- W1945706722 cites W3125399980 @default.
- W1945706722 cites W3125729818 @default.
- W1945706722 cites W4255034116 @default.
- W1945706722 doi "https://doi.org/10.1111/rmir.12003" @default.
- W1945706722 hasPublicationYear "2013" @default.
- W1945706722 type Work @default.
- W1945706722 sameAs 1945706722 @default.
- W1945706722 citedByCount "5" @default.
- W1945706722 countsByYear W19457067222018 @default.
- W1945706722 countsByYear W19457067222019 @default.
- W1945706722 countsByYear W19457067222020 @default.
- W1945706722 countsByYear W19457067222022 @default.
- W1945706722 crossrefType "journal-article" @default.
- W1945706722 hasAuthorship W1945706722A5000789452 @default.
- W1945706722 hasAuthorship W1945706722A5011618570 @default.
- W1945706722 hasAuthorship W1945706722A5049924870 @default.
- W1945706722 hasAuthorship W1945706722A5055042848 @default.
- W1945706722 hasConcept C10138342 @default.
- W1945706722 hasConcept C120757647 @default.
- W1945706722 hasConcept C126285488 @default.
- W1945706722 hasConcept C127413603 @default.
- W1945706722 hasConcept C144133560 @default.
- W1945706722 hasConcept C151730666 @default.
- W1945706722 hasConcept C162324750 @default.
- W1945706722 hasConcept C189722922 @default.
- W1945706722 hasConcept C200870193 @default.
- W1945706722 hasConcept C204036174 @default.
- W1945706722 hasConcept C2777601474 @default.
- W1945706722 hasConcept C2780299701 @default.
- W1945706722 hasConcept C2780762169 @default.
- W1945706722 hasConcept C2780832612 @default.
- W1945706722 hasConcept C39389867 @default.
- W1945706722 hasConcept C556758197 @default.
- W1945706722 hasConcept C73283319 @default.
- W1945706722 hasConcept C78519656 @default.
- W1945706722 hasConcept C86803240 @default.
- W1945706722 hasConceptScore W1945706722C10138342 @default.
- W1945706722 hasConceptScore W1945706722C120757647 @default.
- W1945706722 hasConceptScore W1945706722C126285488 @default.
- W1945706722 hasConceptScore W1945706722C127413603 @default.
- W1945706722 hasConceptScore W1945706722C144133560 @default.
- W1945706722 hasConceptScore W1945706722C151730666 @default.
- W1945706722 hasConceptScore W1945706722C162324750 @default.
- W1945706722 hasConceptScore W1945706722C189722922 @default.
- W1945706722 hasConceptScore W1945706722C200870193 @default.
- W1945706722 hasConceptScore W1945706722C204036174 @default.
- W1945706722 hasConceptScore W1945706722C2777601474 @default.
- W1945706722 hasConceptScore W1945706722C2780299701 @default.
- W1945706722 hasConceptScore W1945706722C2780762169 @default.
- W1945706722 hasConceptScore W1945706722C2780832612 @default.
- W1945706722 hasConceptScore W1945706722C39389867 @default.
- W1945706722 hasConceptScore W1945706722C556758197 @default.
- W1945706722 hasConceptScore W1945706722C73283319 @default.
- W1945706722 hasConceptScore W1945706722C78519656 @default.
- W1945706722 hasConceptScore W1945706722C86803240 @default.
- W1945706722 hasIssue "1" @default.
- W1945706722 hasLocation W19457067221 @default.
- W1945706722 hasOpenAccess W1945706722 @default.
- W1945706722 hasPrimaryLocation W19457067221 @default.
- W1945706722 hasRelatedWork W1546109260 @default.
- W1945706722 hasRelatedWork W2117640354 @default.
- W1945706722 hasRelatedWork W2146320756 @default.
- W1945706722 hasRelatedWork W2255034271 @default.
- W1945706722 hasRelatedWork W2929839779 @default.
- W1945706722 hasRelatedWork W3021680565 @default.
- W1945706722 hasRelatedWork W3123850244 @default.
- W1945706722 hasRelatedWork W3125624419 @default.
- W1945706722 hasRelatedWork W3134491486 @default.
- W1945706722 hasRelatedWork W563342306 @default.
- W1945706722 hasVolume "16" @default.
- W1945706722 isParatext "false" @default.
- W1945706722 isRetracted "false" @default.
- W1945706722 magId "1945706722" @default.