Brogi, Marina; Bruno, Michelangelo; Lagasio, Valentina - In: Risk management magazine 18 (2023) 2, pp. 4-12
Share buybacks have become a popular way for companies to return capital to shareholders. However, there is an ongoing debate regarding the impact of share buybacks on the performance and shareholder value. This paper starts by examining the literature on share buybacks and aims at testing the...