Repurchase - Publications - Faculty & Research

21 Dec 2009
Research & Ideas

Good Banks, Bad Banks, and Government’s Role as Fixer

present systemic risks because they have limited sources of short-term liquidity: commercial paper and repurchase agreements. Banks with securities powers can also obtain short-term financing through Fed loans and retail deposits. Given... View Details

Keywords: by Roger Thompson; Banking; Financial Services

10 Apr 2007
First Look

First Look: April 10, 2007

Kerr-McGee. They demand two board seats and ask the company to make several operational and financial changes, including the repurchase of equity and divestiture of their chemicals business. The case protagonist, Luke Corbett, CEO,... View Details

Keywords: Martha Lagace

06 Nov 2000
Research & Ideas

The Determinants of Corporate Venture Capital Success

repurchase by Xerox (at a price determined through arm's-length bargaining). A conservative calculation (assuming that Xerox sold its stakes in firms that went public at the time of the initial public offering rather than later, after... View Details

Keywords: by Paul Gompers & Josh Lerner

03 Jan 2017
First Look

January 3, 2017

these issues. Firms devote more external capital to finance their share repurchases than to avoid regular dividend cuts. Debt is the main source of capital used to externally finance payouts, particularly when credit market conditions are... View Details

Keywords: Carmen Nobel

07 Aug 2012
First Look

First Look: August 7

several features of the data, including equilibrium dividend policies similar to a Lintner partial-adjustment model; modal dividend changes of zero, stronger market reactions to dividend cuts than increases, relative infrequency and irregularity of View Details

Keywords: Sean Silverthorne

22 Apr 2014
First Look

First Look: April 22

account for secular changes in how payouts are made over the last 30 years, during which repurchases have replaced dividends as the prime vehicle for corporate payouts. Other payout motives such as changes in compensation practices and... View Details