This paper uses an event study methodology to examine the stock price behavior surrounding announcements of stock repurchases made by Taiwan firms from 2000 to 2008. Our analysis shows that stock prices go up in response to stock repurchase announcements. We also find the announcement effects...

Purpose: The purpose of this paper is to establish the regression model by a simulation method that was obtained by using the system response at unit cost as the response value. The unit availability was maximized, while the unit cost was minimized. Design/methodology/approach: In this study,...