Title :
Notice of Retraction
The Effect of Open Market Repurchase on Company´s Value
Author :
Xu Fengju ; Wang Feng
Author_Institution :
Sch. of Manage., Wuhan Univ. of Technol., Wuhan, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
This paper investigated on the nine listed Companies in Shanghai and Shenzhen stock markets that implemented the Open Market Repurchase program OMR. In this research, the event study method is employed to analyze the effect of the OMR on the Companies´ value. At last the paper found the rule of effect of OMR on listed company´s value and indicated that the effect needs a long-term process of gradual release. The result of this paper is very valuable and provides a new perspective for the decision-making of share repurchase to the Chinese listed companies.
Keywords :
decision making; organisational aspects; purchasing; stock markets; OMR; company value; decision making; open market repurchase; stock markets; Books; Decision making; Information technology; Instruments; Investments; Ordinary magnetoresistance; Profitability; Security; Stock markets; Technology management; capital market; open market repurchase; share repurchase; the value of company;
Conference_Titel :
Information Technology and Applications, 2009. IFITA '09. International Forum on
Conference_Location :
Chengdu
Print_ISBN :
978-0-7695-3600-2
DOI :
10.1109/IFITA.2009.149
