the repurchase of shares - another form of rewarding investors - a theoretical approach
;PRISACARIU Maria;SANDU Diana Ramona
journal of public administration, finance and law2013Vol. 2pp. 75-81
175
maria2013journalthe
Abstract
Among the shareholder remuneration policies, in recent years, share repurchases are gaining more and more ground. Like any other phenomenon or financial practice, repurchases lacked no theories to explain their motivation, effects and controversies. This paper proposes a theoretical approach to the subject by summarizing relevant research in order to highlight the motivations behind this decision and its implications.