Title :
Comparative Analysis of Stock Repurchasing Effect of Chinese Companies Listed in Mainland, Hong Kong and NASDAQ Stock Market
Author :
Huang, Hong ; Jie, Xiaowen ; Huang, Shuting
Author_Institution :
Coll. of Bus. Adm., Sichuan Univ., Chengdu, China
Abstract :
By analyzing the differences of Chinese companies´ stock repurchase effect in Shanghai and Shenzhen Stock Exchange, Hong Kong Stock Exchange and NASDAQ Stock Market during 1994 to 2007, this paper is devoted to indicate that the signaling effect and announcement effect of repurchase significantly result from the effectiveness of security market and government interference.
Keywords :
purchasing; securities trading; share prices; Chinese companies; Hong Kong stock exchange; NASDAQ stock market; Shanghai; Shenzhen stock exchange; comparative analysis; government interference; repurchase announcement effect; security market; signaling effect; stock repurchasing effect; Companies; Educational institutions; IEEE news; Indexes; Industries; Steel; Stock markets;
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
DOI :
10.1109/ICMSS.2010.5576179
