Murali Jagannathan

TL;DR: In this paper, the authors examine the number of external appointments held by corporate directors and conclude that the evidence does not support calls for limits on directorships held by an individual, nor do they find that multiple directors are associated with a greater likelihood of securities fraud litigation.

TL;DR: In this paper, the authors examine the number of external appointments held by corporate directors and find no evidence that multiple directors shirk their responsibilities to serve on board committees, and conclude that the evidence does not support calls for limits on directorships held by an individual.

TL;DR: In this paper, the authors measure the growth in open market stock repurchases and the manner in which stock repurchase and dividends are used by U.S. corporations, and find that stock buybacks are very procyclical, while dividends increase steadily over time.

TL;DR: In this article, the authors measure the growth in open-market stock repurchases and the manner in which stock repurchase and dividends are used in U.S. corporations, and find that aggregate repurchase has increased dramatically over this period: the number and value of repurchase program announcements has grown from 115 and $15.4 billion in 1985 to 755 and $115 billion in 1996.

TL;DR: Anderson et al. as mentioned in this paper examined differences in motives, firm characteristics, market performance, and subsequent operating performance off firms that repurchase shares frequently versus firms that buy shares only occasionally or infrequently.