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Restructuring through spin‐off or sell‐off: transforming information asymmetries into financial gain
16 references·16 citing·32 second hopsampled
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(1996)THE MARKET FOR CORPORATE CONT…Corporate focus and stock returns (1995)Corporate focus and stock ret…Comparative Economic Organization: The Analysis of Discrete Structural Alternatives (1991)Comparative Economic Organiza…The Economic Institutions of Capitalism (1987)The Economic Institutions of …The Economic Institutions of Capitalism (1986)The Economic Institutions of …Strategy and Structure: (1986)Strategy and Structure:Reliability and Validity (1986)Reliability and ValidityDiversification strategy, profit performance and the entropy measure (1985)Diversification strategy, pro…Reliability and Validity Assessment (1979)Reliability and Validity Asse…Strategy, structure, and economic performance (1975)Strategy, structure, and econ…Strategy, structure, and economic performance (1974)Strategy, structure, and econ…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…Information and Consumer Behavior (1970)Information and Consumer Beha…Strategy and Structure: Chapters in the History of Industrial Enterprise. (1963)Strategy and Structure: Chapt…Strategy and Structure: Chapters in the History of the American Industrial Enterprise (1962)Strategy and Structure: Chapt…Problem Solving or Responsibility Avoidance? The Role of CEO Internal Attribution Tendency in Shaping Corporate Downsizing in Response to Performance Shortfalls (2022)Problem Solving or Responsibi…How does economic policy uncertainty affect corporate diversification? (2020)How does economic policy unce…Portfolio Spillover of Institutional Investor Activism: An Awareness–Motivation–Capability Perspective (2019)Portfolio Spillover of Instit…Does the Diversification–Firm Performance Relationship Change Over Time? A Meta‐Analytical Review (2018)Does the Diversification–Firm…Activist‐impelled divestitures and shareholder value (2018)Activist‐impelled divestiture…Corporate distress and turnaround: integrating the literature and directing future research (2017)Corporate distress and turnar…Central Perspectives and Debates in Strategic Change Research (2017)Central Perspectives and Deba…Corporate divestitures and family control (2014)Corporate divestitures and fa…Legacy Divestitures: Motives and Implications (2013)Legacy Divestitures: Motives …Do analysts add value when they most can? Evidence from corporate spin‐offs (2013)Do analysts add value when th…Corporate Turnarounds: The Duality of Retrenchment and Recovery (2013)Corporate Turnarounds: The Du…The Effect of Brand Acquisition and Disposal on Stock Returns (2011)The Effect of Brand Acquisiti…Real Options in Divestment Alternatives (2011)Real Options in Divestment Al…The implementation and structuring of divestitures: the unit's perspective (2010)The implementation and struct…Global Services Outsourcing (2010)Global Services OutsourcingLearning how to restructure: absorptive capacity and improvisational views of restructuring actions and performance (2008)Learning how to restructure: …Management. Tasks, Responsibilities, Practices. 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References

  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1987The Economic Institutions of Capitalism14,787 cited
  • 1986The Economic Institutions of Capitalism10,729 cited
  • 1991Comparative Economic Organization: The Analysis of Discrete Structural Alternatives7,150 cited
  • 1979Reliability and Validity Assessment5,882 cited
  • 1970Information and Consumer Behavior5,796 cited
  • 2011Reliability and Validity Assessment5,040 cited
  • 1986Strategy and Structure:3,497 cited
  • 1963Strategy and Structure: Chapters in the History of Industrial Enterprise.3,393 cited
  • 1962Strategy and Structure: Chapters in the History of the American Industrial Enterprise3,220 cited
  • 1974Strategy, structure, and economic performance2,370 cited
  • 1975Strategy, structure, and economic performance1,986 cited
  • 1985Diversification strategy, profit performance and the entropy measure1,572 cited
  • 1986Reliability and Validity1,375 cited
  • 1996THE MARKET FOR CORPORATE CONTROL AND FIRM INNOVATION.1,117 cited
  • 1995Corporate focus and stock returns

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1,078 cited

Cited by

  • 2008Learning how to restructure: absorptive capacity and improvisational views of restructuring actions and performance231 cited
  • 2014Corporate divestitures and family control208 cited
  • 2018Does the Diversification–Firm Performance Relationship Change Over Time? A Meta‐Analytical Review158 cited
  • 2013Corporate Turnarounds: The Duality of Retrenchment and Recovery129 cited
  • 2011The Effect of Brand Acquisition and Disposal on Stock Returns127 cited
  • 2019Portfolio Spillover of Institutional Investor Activism: An Awareness–Motivation–Capability Perspective123 cited
  • 2013Legacy Divestitures: Motives and Implications118 cited
  • 2018Activist‐impelled divestitures and shareholder value108 cited
  • 2017Corporate distress and turnaround: integrating the literature and directing future research91 cited
  • 2011Real Options in Divestment Alternatives91 cited
  • 2017Central Perspectives and Debates in Strategic Change Research89 cited
  • 2010Global Services Outsourcing76 cited
  • 2010The implementation and structuring of divestitures: the unit's perspective75 cited
  • 2013Do analysts add value when they most can? Evidence from corporate spin‐offs70 cited
  • 2020How does economic policy uncertainty affect corporate diversification?69 cited
  • 2022Problem Solving or Responsibility Avoidance? The Role of CEO Internal Attribution Tendency in Shaping Corporate Downsizing in Response to Performance Shortfalls60 cited