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...
| Main Author: | Krishnaswami, Sudha, 1965- |
|---|---|
| Format: | Thesis Book |
| Language: | English |
| Published: |
[Place of publication not identified] :
[publisher not identified] ;
1996.
|
| Subjects: | |
| 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 |
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