Price Ceiling, Market Structure, and Payout Policies
收藏NBER2020-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28054
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资源简介：
To prevent firms from manipulating prices, U.S. regulators set price ceilings for open-market share repurchases. We find that market structure reforms in the 1990s and 2000s dramatically increased share repurchases because they relaxed constraints that prevent firms from competing with other traders
提供机构：
美国国家经济研究局
创建时间：
2020-11-01
