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Government responses, business continuity, and management sentiment: impact on debt financing during COVID-19
(Indian Institute of Management Ahmedabad, 2021-04-03)
We examine how the government responses, amenability to remote working, and managerial outlook associated with COVID-19 influence debt financing by firms around the world. We find that the propensity and the amount of loan ...
A minimum buyback requirement in open market repurchases: impact on the signalling role
(Indian Institute of Management Ahmedabad, 2021-04-02)
The paper investigates the impact of the imposition of a minimum buyback requirement on open market repurchases in India. We find that the regulatory change has led to a significant increase in the abnormal stock returns ...