The economic causes and consequences of corporate divestiture

Managerial and Decision Economics

Volumn 18, Issue 5, 1997, Pages 367-374

  Cho, Myeong Hyeon ^a   Cohen, Mark A ^b  

^a Korea University   (South Korea)

^b VANDERBILT UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34547192113     PISSN: 01436570     EISSN: 10991468     Source Type: Journal    
DOI: 10.1002/(SICI)1099-1468(199708)18:5<367::AID-MDE831>3.0.CO;2-4     Document Type: Article

References (12)

1. G. Alexander, G. Benson and J., Kampmeyer (1984). Investigating the valuation effects of announcements of voluntary sell-offs. Journal of Finance, 39, 503–17.
2. D., Belsley, E., Kuh and R., Welsch (1980). Regression Diagnostics, New York: John Wiley.
3. A., Boot (1992). Why hang on to losers? Divestitures and takeovers. Journal of Finance, 47, 1401–23.
4. K., Boudreaux (1975). Divestiture and share price. Journal of Financial and Quantitative Analysis, 10, 619–26.
5. P. Healy, K. Palepu and R., Ruback (1992). Does corporate performance improve after mergers? Journal of Financial Economics 31, 135–75.
6. G. Hite, J. Owers and R., Rogers (1987). The market for interfirm asset sales: partial sell offs and total liquidation. Journal of Financial Economics, 18, 229–52.
7. P., Jain (1985). The effect of voluntary sell-off announcements on shareholder wealth. Journal of Finance, 40, 209–24.
8. F., Lovejoy (1971). Divestment for Profit, New York: Financial Executives Research Foundation.
9. Mergers and Acquisitions (1988–92), Vols 22–26, New York: Investment Dealers' Digest.
10. C. Montgomery and A., Thomas (1988). Divestment: motives and gains. Strategic Management Journal, 9, 93–97.
11. D., Ravenscraft and F., Scherer (1987). Mergers, Sell-offs, and Economic Efficiency, Washington, DC: Brookings Institution.
12. L., Vignola (1974). Strategic Divestment, New York: American Management Association.