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Keywords: Signaling theory
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Teaching Notes
Teaching Notes (2024) 20 (5)
Published: 30 July 2024
...Katherine Campbell; Dee Ann Ellingson; Jane M. Weiss Theoretical Basis The theoretical basis for the case is information asymmetry and signaling theory, with buybacks providing a mechanism for reducing information asymmetry between management and investors. The controversy surrounding buybacks has...

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