The authors are extremely grateful for the encouragement of the editor (Jayant Kale) and for the detailed constructive comments and suggestions of the referee (Murali Jagannathan). The authors thank Ronald Bremer, William P. Dukes, Philip English, and 2005 Financial Management Association conference participants for helpful comments. The authors also thank Subbu Iyer and Han Zhang for their valuable research assistance.
BOND MARKET REACTION TO STOCK REPURCHASES: IS THERE A WEALTH TRANSFER EFFECT?
Article first published online: 12 SEP 2011
© 2011 The Southern Finance Association and the Southwestern Finance Association
Journal of Financial Research
Volume 34, Issue 3, pages 503–522, Fall 2011
How to Cite
Nishikawa, T., Prevost, A. K. and Rao, R. P. (2011), BOND MARKET REACTION TO STOCK REPURCHASES: IS THERE A WEALTH TRANSFER EFFECT?. Journal of Financial Research, 34: 503–522. doi: 10.1111/j.1475-6803.2011.01300.x
- Issue published online: 12 SEP 2011
- Article first published online: 12 SEP 2011