Do Share Repurchases Crowd Out Internal Investment in South Africa?
Researchers in developed countries have questioned whether share repurchase activity influences internal investment. The aim of this study was to investigate the relationship between share repurchases and internal investment (defined as capital expenditure, employment expenditure, and research and d...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-07-01
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Series: | International Journal of Financial Studies |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7072/11/3/95 |