Varma, Urvashi; Munjal, Alka - In: Cogent Economics & Finance 9 (2021) 1, pp. 1-19
The paper aims to identify the variables contributing to special payouts considering open market repurchase, tender … heterogeneity, clientele effect, distribution size, misvaluation, and takeover threat. The MNL results suggest that open market …. The findings suggest that payout choices of open market repurchase and tender offer repurchase over special dividends are …