This paper straightforwardly discloses how an article written by Taiwanese scholars and published in Applied Economics is ridden with suspicious omissions. This misconduct leads to misinformation being printed in prominent journals as well as mistakenly listing eight medical doctors and three...

Taiwanese firms must follow strict regulations when implementing repurchase programs. The mean (median) of completion rates is 69.2% (82.7%) for the purpose of cancelling and 68.0% (80.0%) for the purpose of transferring. We try to identify the factors determining the completion rate of a...

Taiwanese firms sometimes make stock repurchases or reduce capital as alternative forms of paying earnings in place of distributing cash dividends. Yet, distributing dividends is still the dominant payout form. In addition, we find some impressive evidence on Taiwan market. First, both the...

Taiwanese regulations mandate strict and detailed guidelines for repurchase programs. This provides us a superb opportunity to examine the corporate behavior by using a comprehensive dataset of more than 3,000 events of Taiwanese corporate repurchase programs from 2000 to 2011. We find that...

In addition to distributing dividends and repurchasing shares, directly distributing cash to shareholders in order to reduce capital is an alternative form of paying out. A firm can alter its capital structure by repurchasing shares or by reducing capital. This paper employs the approach of...