A Study on the Financial Effect of Share Repurchase of Listed Companies Based on Factor Analysis

DOI

10.2991/meici-17.2017.86How to use a DOI?

Keywords

Share Repurchase; Financial Effect; Index System; Event Research Method; Factor Analysis

Abstract

This paper constructs the financial performance evaluation index system of listed companies by taking market share repurchase events from July 2015 to March 2016 as a sample study and testing the changes of the financial indicators of the listed company after the share repurchase, and the results show that the sample company's profitability, solvency, operational capacity, cost control and growth capacity and other performance indicators have improved after the announcement of the stock repurchase, which provides experienced data for stakeholders to fully understand, forecast and standardize the repurchase behavior of listed companies. At the same time, it also provides some reference for the supervision of China's share repurchase and the construction of laws and regulations.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yelin Zhong
AU  - Yunying Wen
AU  - Jiaming Zhong
PY  - 2017/10
DA  - 2017/10
TI  - A Study on the Financial Effect of Share Repurchase of Listed Companies Based on Factor Analysis
BT  - Proceedings of the 7th International Conference on Management, Education, Information and Control (MEICI 2017)
PB  - Atlantis Press
SP  - 453
EP  - 458
SN  - 1951-6851
UR  - https://doi.org/10.2991/meici-17.2017.86
DO  - 10.2991/meici-17.2017.86
ID  - Zhong2017/10
ER  -