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Keywords: passive investment
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Journal Articles
Journal:
Accounting Horizons
Accounting Horizons 1–25.
Published: 23 September 2024
...Brian Bratten; Meng Huang; Jeff L. Payne SYNOPSIS We investigate the association between passive investment and share repurchases, both of which are at historically high levels and the subject of increased scrutiny. We first document that firms with more passive ownership exhibit higher levels...