Zobrazeno 1 - 8
of 8
pro vyhledávání: '"Neil W. Sicherman"'
Publikováno v:
Journal of Applied Corporate Finance. 13:122-127
This article shows that share repurchase announcements create value for shareholders when the shares of the industrial firm sell at a discount from the value of the underlying assets, even when shareholders and managers share full information about t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0e6043c8c0a78e06f29e7935a3dbc373
https://doi.org/10.1111/j.1745-6622.2000.tb00047.x
https://doi.org/10.1111/j.1745-6622.2000.tb00047.x
Publikováno v:
Review of Quantitative Finance and Accounting. 14:277-288
Spin-offs and sell-offs are alternative methods for divesting assets, but the effects on the parent firm differ substantially. We examine firms' characteristics that may influence the asset divestiture choice between a spin-off and sell-off. Results
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6a62cd2f98cc2d2f21985a7d046b7ee6
https://doi.org/10.1023/a:1008354514364
https://doi.org/10.1023/a:1008354514364
Publikováno v:
Journal of Business. 72:257-76
The authors illustrate the value to shareholders when closed-end funds repurchase shares at a discount from net asset value. Repurchases increase share price even when there is no asymmetric information concerning the value of the underlying assets a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::66516665e2b7859140a6f7dd3abe39dc
Publikováno v:
Journal of Financial Research. 15:297-305
Shareholder wealth effects of division management buyouts are examined: (1) for selling divisions with business operations unrelated to the parent, and (2) for announcements that do not report the sales price. Initial evidence suggests that both of t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9ff566a5e920eaf76506db09b9314d7c
https://doi.org/10.1111/j.1475-6803.1992.tb00113.x
https://doi.org/10.1111/j.1475-6803.1992.tb00113.x
Publikováno v:
Journal of Financial Research. 13:167-172
The impact on shareholder wealth from selling units to management is examined. The two-day announcement period average abnormal return for parent firms divesting units to managers of those units is positive (0.80 percent) and significant. On average,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6d733ea574ce2d938a96c8f1e72670b8
https://doi.org/10.1111/j.1475-6803.1990.tb00546.x
https://doi.org/10.1111/j.1475-6803.1990.tb00546.x
Publikováno v:
Financial Management. 22:82
i As the dollar has depreciated relative to many foreign currencies recently, foreign acquisitions of U.S. firms and assets have increased.1 In the 1970s and early 1980s, most foreign acquirers were from the UK, Canada, and the Netherlands. By 1987,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7a17d12e9e6394ea253ea639cb8856d8
https://doi.org/10.2307/3665579
https://doi.org/10.2307/3665579
Autor:
Neil W. Sicherman, Richard H. Pettway
Publikováno v:
Financial Management. 21:119
There has been a major restructuring of corporate assets over the past decade in America. Some of the most notable restructuring activity includes mergers of whole firms. However, much restructuring involves the selling and/or buying of units, divisi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::64edeb3700173577e397746b1d3cebbc
https://doi.org/10.2307/3665845
https://doi.org/10.2307/3665845
Autor:
Neil W. Sicherman, Richard H. Pettway
Publikováno v:
The Journal of Finance. 42:1261-1273
The divesting of corporate assets has become quite popular. Previous studies of divestitures have found conflicting impacts upon shareholders' wealth of the buying firm. This study measures the impacts of product-line relatedness between the acquirin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2d9d708c7f41490905e47709057fa68a
https://doi.org/10.1111/j.1540-6261.1987.tb04365.x
https://doi.org/10.1111/j.1540-6261.1987.tb04365.x