UROP Project

Buybacks and CSR Performance

Contact

Name

Daniel Holder

Program Director UROP

Telephone

workPhone
+49 241 80-90695

E-Mail

Key Info

Basic Information

Project Offer-Number:
1025
Category:
UROP International
Field:
Business Administration
Faculty:
8
Organisation unit:
Department of Finance
Language Skills:
German is not required
Computer Skills:
Basic computer skills in MS Office applications is requisite. Knowledge of Python, R, or Stata is desirable.

Share repurchases of undervalued firms result in the exploitation of selling shareholders. We investigate if a firm's corporate social responsibility performance relates to its propensity to engage in buybacks during periods of undervaluation. Our study also considers other firm-level charactersistics, such as ownership structure, and also investigates insider trading prior to stock repurchases.

Task

The student's task is to help with the empirical analyses, based on multivariate regression models. A special focus will be on the preparation of the data.

Requirements

understanding of basic concepts of finance and accounting and basic statistical expertise