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noticed the alternative in share buyback programs. The imminent effects of those programs are both the wealth transfer and the … change in shareholders structure. The increasing number of share buyback programs allows to compare those two ways of … distributing value. The statisical analysis of the dividend payments and share buyback programs should be preceded by qualitative …
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This Review discusses three developments in equity jurisprudence drawn from significant recent decisions of the Privy Council, the House of Lords, the High Court of Australia and Supreme Court of Canada. The developments are of importance and interest in New Zealand
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Chinese firms over 1993-2010 by considering the great impact of split-share structure reform in China. We find that the …
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The theoretical engagement with the law of Equity has never been so popular as nowadays. This immensely important body of law is now attracting the attention of private law theoreticians as questions that were first raised by Aristotle take a modern twist, and entrenched traditions are being...
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A start of a modern-era financial innovation on capital and financial markets is usually dated around the 1970s. Drawing on two broad assumptions that (i) capital markets are important and (ii) hybrid securities are an important part of capital markets, since hybrid issues exist and continue...
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