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Volumn 56, Issue 3, 2000, Pages 459-483

Why firms issue targeted stock

Author keywords

Corporate focus; Corporate structure; Diversification; G32; Ownership structure; Tracking stock

Indexed keywords


EID: 0034196105     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-405X(00)00047-7     Document Type: Article
Times cited : (41)

References (14)
  • 1
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    • Allen, J.1    McConnell, J.2
  • 2
    • 0001097374 scopus 로고
    • Using the capital market as a monitor: Corporate spinoffs in an agency framework
    • Aron D. Using the capital market as a monitor: corporate spinoffs in an agency framework. Rand Journal of Economics. 22:1991;505-518.
    • (1991) Rand Journal of Economics , vol.22 , pp. 505-518
    • Aron, D.1
  • 3
    • 0010697284 scopus 로고
    • Firm characteristics and analyst following
    • Bhushan R. Firm characteristics and analyst following. Journal of Accounting and Economics. 11:1989;255-274.
    • (1989) Journal of Accounting and Economics , vol.11 , pp. 255-274
    • Bhushan, R.1
  • 5
    • 38249006133 scopus 로고
    • A nonparametric test for abnormal security-price performance in event Studies
    • Corrado C.J. A nonparametric test for abnormal security-price performance in event Studies. Journal of Financial Economics. 23:1989;385-395.
    • (1989) Journal of Financial Economics , vol.23 , pp. 385-395
    • Corrado, C.J.1
  • 7
    • 0000581231 scopus 로고
    • Security price reactions around corporate spinoff announcements
    • Hite G.L., Owers J.E. Security price reactions around corporate spinoff announcements. Journal of Financial Economics. 12:1983;409-436.
    • (1983) Journal of Financial Economics , vol.12 , pp. 409-436
    • Hite, G.L.1    Owers, J.E.2
  • 8
    • 0021025048 scopus 로고
    • The effect of voluntary spinoff announcements on shareholder wealth
    • Miles J.A., Rosenfeld J.D. The effect of voluntary spinoff announcements on shareholder wealth. Journal of Finance. 38:1983;1597-1606.
    • (1983) Journal of Finance , vol.38 , pp. 1597-1606
    • Miles, J.A.1    Rosenfeld, J.D.2
  • 10
    • 0000160813 scopus 로고
    • Growth opportunities and the stock price response to new financing
    • Pilotte E. Growth opportunities and the stock price response to new financing. Journal of Business. 65:1992;371-394.
    • (1992) Journal of Business , vol.65 , pp. 371-394
    • Pilotte, E.1
  • 11
    • 0002316169 scopus 로고
    • Targeted stock is the flavor of the month in corporate america. It won't taste good to everyone
    • Reingold J. Targeted stock is the flavor of the month in corporate america. It won't taste good to everyone. Financial World. 164:1995;32-33.
    • (1995) Financial World , vol.164 , pp. 32-33
    • Reingold, J.1
  • 12
    • 0001396920 scopus 로고
    • Effects of recontracting on shareholder wealth: The case of voluntary spinoffs
    • Schipper K., Smith A. Effects of recontracting on shareholder wealth: the case of voluntary spinoffs. Journal of Financial Economics. 12:1983;437-467.
    • (1983) Journal of Financial Economics , vol.12 , pp. 437-467
    • Schipper, K.1    Smith, A.2
  • 13
    • 0038923638 scopus 로고
    • A comparison of equity carve-outs and seasoned equity offerings: Share price effects and corporate restructuring
    • Schipper K., Smith A. A comparison of equity carve-outs and seasoned equity offerings: share price effects and corporate restructuring. Journal of Financial Economics. 15:1986;153-186.
    • (1986) Journal of Financial Economics , vol.15 , pp. 153-186
    • Schipper, K.1    Smith, A.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.