Information asymmetry, valuation, and the corporate spin-off decision /

I analyze the information hypothesis to explain why firms divest divisions through spin-offs. A spin-off is a pro-rata distribution of shares of a subsidiary of a firm to the shareholders of the firm. The operations and management of the subsidiary are then separated from those of the parent. The...

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Bibliographic Details

Main Author:	Krishnaswami, Sudha, 1965-
Format:	Thesis Book
Language:	English
Published:	[Place of publication not identified] : [publisher not identified] ; 1996.
Subjects:	Major finance.
Online Access:	http://proxy.library.tamu.edu/login?url=http://proquest.umi.com/pqdweb?did=739323861&sid=1&Fmt=2&clientId=2945&RQT=309&VName=PQD