Cel Stock repurchases are an important tool for returning cash back to shareholders. Since their regulation in the US in the mid 1980s, stock repurchases have experienced dramatic growth. EU countries, however, started allowing public corporations to buy back their shares only in the late 1990s. Moreover, firms in EU countries that do start repurchases fail complete them. For example, UK and French firms end up repurchasing only 28% and 10% of their declared intention, respectively, in comparison to about 80% in the US. Without good free cash payout mechanisms companies and markets cannot be efficient, and economies cannot thrive. Why do repurchases efficiently disburse cash in the US but not in the EU? What can be done to make repurchases work in EU countries? The purpose of this project is to help understand the properties and limitations of repurchases. The results will provide guidelines to governments how to regulate repurchases, to firms when to repurchase, and to investors how to adjust their investment strategies when firms they invest in announce a repurchase. Słowa kluczowe Social sciences Program(-y) FP7-PEOPLE - Specific programme "People" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013) Temat(-y) PEOPLE-2007-4-3.IRG - Marie Curie Action: "International Reintegration Grants" Zaproszenie do składania wniosków FP7-PEOPLE-2007-4-3-IRG Zobacz inne projekty w ramach tego zaproszenia System finansowania MC-IRG - International Re-integration Grants (IRG) Koordynator TEL AVIV UNIVERSITY Wkład UE € 100 000,00 Adres RAMAT AVIV 69978 Tel Aviv Izrael Zobacz na mapie Rodzaj działalności Higher or Secondary Education Establishments Kontakt administracyjny Simon Benninga (Prof.) Linki Kontakt z organizacją Opens in new window Strona internetowa Opens in new window Koszt całkowity Brak danych
