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The Explanation Power of Investors' Opinion Divergence in Open Market Repurchases

by Xiaochun Liu and Hao Wang

Journal of Finance and Accounting. 2015, 3(2), 18-36. DOI: 10.12691/jfa-3-2-2
Pub. Date: August 16, 2015Views: 13666 Downloads: 10960Like: 2Citations: 1

investor heterogeneity in beliefs undervaluation signaling hypothesis information asymmetry divergence of opinion firm valuation asset pricing anomalies

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