2017 Fiscal Year Final Research Report
The performance of the companies which repurchase their shares
Project/Area Number |
15K13037
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Research Category |
Grant-in-Aid for Challenging Exploratory Research
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Allocation Type | Multi-year Fund |
Research Field |
Management
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Research Institution | Yamaguchi University |
Principal Investigator |
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Project Period (FY) |
2015-04-01 – 2018-03-31
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Keywords | 自己株式 |
Outline of Final Research Achievements |
The purpose of this study is to examine the relationship between the acquisition of own share and the performance (profitability and growth). Profitability is measured by the rate of return on assets. Growth is measured by a growth rate of sales. We use analysis of variance (ANOVA). The results suggest that strategy of treasury stock affected the growth, but did not affect the profitability.
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Free Research Field |
経営学
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