Value creation from equity carve-outs

Financial Management

Volumn 31, Issue 1, 2002, Pages 83-100

  Hulburt, Heather M ^a   Miles, James A ^a   Woolridge, J Randall ^a  

^a WEST VIRGINIA UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0036337302     PISSN: 00463892     EISSN: None     Source Type: Journal    
DOI: 10.2307/3666322     Document Type: Article

References (25)

1. Signaling by underpricing in the IPO market
2. Capital markets and corporate structure: The equity carve-outs of thermo electron
3. Equity carve-outs and managerial discretion
4. Using the capital market as a monitor: Corporate spinoffs in an agency framework
5. Detecting abnormal operating performance: The empirical power and specification of test statistics
6. Corporate focus and stock returns
7. Corporate focus and value creation: Evidence from spinoffs
8. Compensation policy and investment opportunity set
9. Security price reactions around corporate spin-off announcements
10. The two stages of an equity carve-out and the price response of parent and subsidiary stock
11. Asset sales, firm performance, and the agency costs of managerial discretion
12. Informational asymmetries, financial structure, and financial intermediation
13. Determining abnormal operating performance: Revisited
14. Rearranging residual claims: A case for targeted stock
15. The effect of voluntary spin-off announcements on shareholder wealth
16. Comparing acquisitions and divestitures
17. Corporate financing and investment decisions when firms have information that investors do not have
18. On the good news in equity carve-outs
19. Effects of recontracting on shareholder wealth: The case of voluntary spin-offs
20. A comparison of equity carve-outs and seasoned equity offerings
21. A comparison of the information conveyed by equity carve-outs, spin-offs, and asset sell-offs
22. Long term returns from equity carveouts
23. The positive announcement-period returns of equity carveouts: Asymmetric information or divestiture gains?
24. Seasoned offerings, imitation costs, and the underpricing of initial public offerings