The paper constructs a structural model to study the effect of corporate bonds buyback on the firm’s credit conditions. The model implies that the firm strategically choose how much debt to buy back and the buyback reduces the firm’s probability of default. In contrast to commonly perceived deleverage channel, the model highlights a novel channel that buying back bonds on the cheap transfers va...

University bookstores have a complex multi-product, multi-supplier supply chain with complex channel relationships such as product substitution, random yields, reverse logistics and returns, and risk sharing contracts. Supply chain efficiency is important to the bookstore due to low overall profit margin. The used book buyback activity is an example of reverse logistics with random yield with s...

ABSTRACT
 
 The problem in this study is the uncertainty of buying back shares when company's capital structure increases or decreases. This aims to explain effect institutional ownership, managerial leverage, free cash flow, and Return On Assets (ROA) partially simultaneously on buyback policy, how much dependent variable can be explained by independent variable.
 research a qua...

Abstrak Perkembangan pasar modal saat ini sangat pesat, itupun dipengaruhi oleh peranan yang strategis dalam pembangunan perekonomian di dunia, terkhusus untuk Indonesia. Selain sebagai pendanaan usaha, juga berfungsi sarana bagi masyarakat berinvestasi pada instrumen keuangan. Perusahaan mencari tambahan dapat melalui mekanisme listing Bursa. terdaftar Bursa tentunya harus mematuhi ketentuan ...

To achieve a “green profit” in their businesses, original equipment manufacturers (OEMs) who produce both new and remanufactured products must optimize their pricing and production decisions. They must determine the buyback price and takeback quantity of end-of-life products (i.e., supply) as well as the selling prices and production quantities of new and remanufactured products (i.e., demand)....

The notion of intention share buyback by companies has been an increasingly popular subject study researchers in Malaysia and the developed economies. In particular, impact buybacks on boosting Earnings per Share (EPS) gained much attention. It is recognized that influence board decisions carrying out concentrated ownership a direct increase EPS. To establish actual effects EPS due to buybacks,...

In the model a ...scal stabilisation is announced under asymmetry of information between the government and the private investors. The government could be of two types: a dry type and a wet type, according to the amount of spending cuts it decides to make. Private investors may thus lack con...dence in the stabilisation program and interest rates would be too high, re‡ecting this lack of credib...

In this paper, we study a buyback contract model of the competitive newsvendor problem between a single supplier and multiple retailers under simultaneous price and safety stock competition. A price completion factor and a spill rate translate the price and safety stock competition, respectively. Our model is an extension of the problem analyzed in Zhao and Atkins (2) by the adoption of a buyba...