Pradeep Gupta
L M Thapar School of Management, TIET (Deemed -to –be-University) Patiala, Punjab, India
[ 1 ] - Impact of Buyback of Shares on Firm Value: An Empirical Evidence from India
The present study examines the impact of capital employed in buyback of shares on firm value for 180 firms listed in the Bombay Stock Exchange of India. The issue of buyback of shares in the period from 2006 to 2016 was examined. The firm value is measured by a proxy, enterprise value, as a substitute of share price. The results suggest that the firm value differs from pre and post buyback of s...
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