Research Article
[Retracted] Study on Announcement Effect of Stock Repurchase from the Perspective of Configuration Analysis
Table 4
Configuration of the announcement effect of stock repurchases.
| Configure | High CAR | Nonhigh CAR | Repurchase condition | Centralized cooperation | Scale-premium limited | Profit-proportionally | Repurchase condition | C1 | C2 | N1 | N2a | N2b | N3a | N3b |
| DP | ● | | | ● | | | | RR | ● | ● | | | | | | LAS | | | | | ● | ● | | ROE | | | ● | | | ● | | CR10 | | ● | ● | | ● | | ● | MSL | | ● | | | | ● | | Consistency | 0.8174 | 0.8094 | 0.8505 | 0.8359 | 0.8202 | 0.8411 | 0.8012 | Raw coverage | 0.0752 | 0.0654 | 0.0648 | 0.1293 | 0.1012 | 0.0612 | 0.0792 | Unique coverage | 0.0593 | 0.0495 | 0.0375 | 0.0510 | 0.0151 | 0.0305 | 0.0478 | Solution consistency | 0.8140 | 0.8206 | Solution coverage | 0.1246 | 0.2843 |
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