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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Main Authors: | , , |
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Format: | Article |
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Vilnius Gediminas Technical University (VGTU) Press Technika.
2013
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Subjects: | |
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 |