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Spinoffs, Selloffs and Equity Carveouts: An Analysis of Divestiture Method Choice
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Spinoffs, Selloffs and Equity Carveouts: An Analysis of Divestiture Method Choice (2001)Spinoffs, Selloffs and Equity Carveouts: …The Econometrics of Financial Markets (2012)The Econometrics of Financial…The Cost of Diversity: The Diversification Discount and Inefficient Investment (2000)The Cost of Diversity: The Di…The Cost of Diversity: The Diversification Discount and Inefficient Investment (1998)The Cost of Diversity: The Di…The Econometrics of Financial Markets (1997)The Econometrics of Financial…Large Shareholders, Monitoring, and the Value of the Firm (1997)Large Shareholders, Monitorin…Corporate focus and value creation evidence from spinoffs (1997)Corporate focus and value cre…Diversification's effect on firm value (1995)Diversification's effect on f…Asset sales, firm performance, and the agency costs of managerial discretion (1995)Asset sales, firm performance…Asset sales and increase in focus (1995)Asset sales and increase in f…Market Liquidity and Performance Monitoring (1993)Market Liquidity and Performa…The market for interfirm asset sales (1987)The market for interfirm asse…The dominant logic: A new linkage between diversity and performance (1986)The dominant logic: A new lin…A comparison of equity carve-outs and seasoned equity offerings (1986)A comparison of equity carve-…Security price reactions around corporate spin-off announcements (1983)Security price reactions arou…Effects of recontracting on shareholder wealth (1983)Effects of recontracting on s…Hierarchical Control and Optimum Firm Size (1967)Hierarchical Control and Opti…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)A Survey of Corporate Governance (1997)The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment (2000)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Behind the Scenes: The Corporate Governance Preferences of Institutional Investors (2016)American Economic Review (2019)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)The Structure of Corporate Ownership: Causes and Consequences (1985)Large Shareholders and Corporate Control (1986)Financial Dependence and Growth (1996)Finance and Growth: Theory and Evidence (2004)How does financial reporting quality relate to investment efficiency? (2009)The Structure of Scientific Revolutions (1963)Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: Heuristics and Biases (1975)The resource‐based view within the conversation of strategic management (1992)Capabilities, cognition, and inertia: evidence from digital imaging (2000)Entrepreneurship in the large corporation: a longitudinal study of how established firms create breakthrough inventions (2001)Determinants of corporate borrowing (1977)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Higher market valuation of companies with a small board of directors (1996)Investor Protection and Corporate Valuation (2002)Digital Business Strategy: Toward a Next Generation of Insights (2013)The market for corporate control (1983)The effects of bank mergers and acquisitions on small business lending (1998)The consolidation of the financial services industry: Causes, consequences, and implications for the future (1999)Does Diversification Cause the 'Diversification Discount'? (2000)Corporate financing and investment decisions when firms have information that investors do not have (1984)THE NATURE OF MAN* (1994)Divestitures and the liquidity of the market for corporate assets (2002)The price of corporate liquidity: Acquisition discounts for unlisted targets (2006)The Nature of the Firm (1937)Risk, Return, and Equilibrium: Empirical Tests (1973)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis (2002)Information Production and Capital Allocation: Decentralized versus Hierarchical Firms (2002)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)The Optimal Structure of Incentives and Authority within an Organization (1976)Incentives to Form Coalitions with Bertrand Competition (1985)The Socialist System (1992)The Economic Costs of Conflict: A Case Study of the Basque Country (2003)Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Market Liquidity and Funding Liquidity (2008)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)Introductory Econometrics for Finance (2008)
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References

  • 2012The Econometrics of Financial Markets5,875 cited
  • 1997The Econometrics of Financial Markets5,007 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1986The dominant logic: A new linkage between diversity and performance2,859 cited
  • 1993Market Liquidity and Performance Monitoring1,717 cited
  • 2000The Cost of Diversity: The Diversification Discount and Inefficient Investment1,684 cited
  • 1997Large Shareholders, Monitoring, and the Value of the Firm1,518 cited
  • 1967Hierarchical Control and Optimum Firm Size1,050 cited
  • 1995Asset sales and increase in focus730 cited
  • 1995Asset sales, firm performance, and the agency costs of managerial discretion561 cited
  • 1983Security price reactions around corporate spin-off announcements452 cited
  • 1998The Cost of Diversity: The Diversification Discount and Inefficient Investment409 cited
  • 1997Corporate focus and value creation evidence from spinoffs405 cited
  • 1983Effects of recontracting on shareholder wealth384 cited
  • 1986A comparison of equity carve-outs and seasoned equity offerings362 cited
  • 1987

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The market for interfirm asset sales
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