Equity carve-outs and signal credibility /

Previous research finds that equity carve-out announcements result in positive mean excess returns to the parent firm. While the announcement effects are well established, the rationale for the positive stock price response is not currently understood. This study sheds light on sources of the good...

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Bibliographic Details

Main Author:	Byers, Steven Scott, 1960-
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=739325541&sid=1&Fmt=2&clientId=2945&RQT=309&VName=PQD