Asset divestitures and corporate operational returns: an agency theory perspective on Malaysian public-listed companies

Divestitures of property, plant and equipment (PPE) assets are a common form of corporate restructuring. However, divesting companies do not necessarily attain improved post-divestiture shareholder wealth. Studies show company characteristics and use of divestiture proceeds may influence divestiture...

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Bibliographic Details
Main Authors: Lee, Janice Yim Mei, Mat Nor, Fauzias, Alias, Norazlan
Format: Article
Published: Vilnius Gediminas Technical University (VGTU) Press Technika. 2013
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Online Access:http://eprints.utm.my/id/eprint/49218/
http://dx.doi.org/10.3846/1648715X.2013.852634
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Institution: Universiti Teknologi Malaysia