Spin-offs and Operating Performance
This study examines the relation between changes in industry-adjusted operating performance associated with corporate spin-offs and the market’s assessment of the spin-off as either a value increasing or value decreasing activity. I find that the average change in industry-adjusted operating perform...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2012
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/3391 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4390/viewcontent/Spinoffs_OP_2012_pvoa.pdf |
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| Institution: | Singapore Management University |
| Language: | English |