Nothing Special   »   [go: up one dir, main page]

create a website
On the causes of volatility effects of conglomerate breakups. (2010). Desai, Chintal A. ; Savickas, Robert .
In: Journal of Corporate Finance.
RePEc:eee:corfin:v:16:y:2010:i:4:p:554-571.

Full description at Econpapers || Download paper

Cited: 6

Citations received by this document

Cites: 51

References cited by this document

Cocites: 47

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Corporate Spin-Offs and Shareholders’ Wealth: A Systematic Review and Future Research Agenda. (2023). Khalid, Chisti ; Saima, Nazir.
    In: Acta Universitatis Sapientiae, Economics and Business.
    RePEc:vrs:auseab:v:11:y:2023:i:1:p:42-63:n:2.

    Full description at Econpapers || Download paper

  2. Institutional trading, information production, and corporate spin-offs. (2016). Chemmanur, Thomas.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:38:y:2016:i:c:p:54-76.

    Full description at Econpapers || Download paper

  3. Business portfolio restructuring: a comprehensive bibliometric review. (2015). Sanchez-Riofrio, Angelica ; Sánchez, Angélica ; Forcadell, Francisco ; Guerras-Martin, Luis Angel.
    In: Scientometrics.
    RePEc:spr:scient:v:102:y:2015:i:3:d:10.1007_s11192-014-1495-0.

    Full description at Econpapers || Download paper

  4. Betting on presidential elections: Should we buy stocks connected with the winning party?. (2015). Shen, Chung-Hua ; Lin, Chih-Yung.
    In: The Quarterly Review of Economics and Finance.
    RePEc:eee:quaeco:v:56:y:2015:i:c:p:98-109.

    Full description at Econpapers || Download paper

  5. Analysis of earnings management influence on the investment efficiency of listed Chinese companies. (2015). Shen, Chung-Hua ; Huang, Dengshi ; Luo, Fuyan .
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:34:y:2015:i:c:p:60-78.

    Full description at Econpapers || Download paper

  6. Firm opacity and financial market information asymmetry. (2014). Ravi, Rahul ; Hong, Youna .
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:25:y:2014:i:c:p:83-94.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Allen, J.W. ; McConnell, J.J. Equity carve-outs and managerial discretion. 1998 J. Finance. 53 163-186

  2. Aron, D.J. Using the capital market as a monitor: corporate spinoffs in an agency framework. 1991 RAND J. Econ.. 22 505-518

  3. Black, F. Noise. 1986 J. Finance. 86 529-543

  4. Boone, A. ; Haushalter, D. ; Mikkelson, W. An investigation of the gains from specialized equity claims. 2003 Finan. Manage.. 32 67-83

  5. Boone, A., 2003. The interaction of ownership, governance, and product markets: evidence from equity carve-outs. Unpublished manuscript.
    Paper not yet in RePEc: Add citation now
  6. Brennan, M.J. ; Hughes, P.J. Stock prices and the supply of information. 1991 J. Finance. 46 1665-1691

  7. Campbell, J.Y. ; Lettau, M. ; Malkiel, B.G. ; Xu, Y. Have individual stocks become more volatile? An empirical exploration of idiosyncratic volatility. 2001 J. Finance. 56 1-43

  8. Cao, C. ; Simin, T. ; Zhao, J. Can growth options explain the trend in idiosyncratic risk?. 2008 Rev. Finan. Stud.. 21 2599-2633

  9. Clayton, M.C. ; Hartzell, J.C. ; Rosenberg, J. The impact of CEO turnover on equity volatility. 2005 J. Bus.. 78 1779-1808

  10. Comment, R. ; Jarrell, G.A. Corporate focus and stock returns. 1995 J. Finan. Econ.. 37 67-87

  11. Cook, R.D. ; Weisberg, S. Diagnostics for heteroscedasticity in regression. 1983 Biometrika. 70 1-10
    Paper not yet in RePEc: Add citation now
  12. Cornell, B. ; Liu, Q. The parent company puzzle: when is the whole worth less than one of the parts?. 2001 J. Corp. Finan.. 7 341-366

  13. Daley, L. ; Mehrotra, V. ; Sivakumar, R. Corporate focus and value creation: evidence from spinoffs. 1997 J. Finan. Econ.. 45 257-281
    Paper not yet in RePEc: Add citation now
  14. Desai, H. ; Jain, P.C. Firm performance and focus: long-run stock market performance following spinoffs. 1999 J. Finan. Econ.. 54 75-101

  15. Desai, H. ; Jain, P.C. Long-run common stock returns following stock splits and reverse splits. 1997 J. Bus.. 70 409-433

  16. Dhar, R., Goetzmann, W.N., Zhu, N., 2004. The impact of clientele changes: evidence from stock splits. Unpublished manuscript.
    Paper not yet in RePEc: Add citation now
  17. Dubofsky, D.A. Volatility increases subsequent to NYSE and AMEX stock splits. 1991 J. Finance. 46 421-431

  18. Dyl, E.A. ; Weigand, R.A. The information content of dividend initiations: additional evidence. 1998 Finan. Manage.. 27 27-35
    Paper not yet in RePEc: Add citation now
  19. Eckbo, E. ; Thorburn, K.S. Corporate restructuring: breakups and LBOs. 2008 En : Eckbo, B.E. . Elsevier B.V.:
    Paper not yet in RePEc: Add citation now
  20. Gaspar, J. ; Massa, M. Idiosyncratic volatility and product market competition. 2006 J. Bus.. 79 3125-3152

  21. Gilson, S.C. ; Healy, P.M. ; Noe, C.F. ; Palepu, K.G. Analyst specialization and conglomerate stock breakups. 2001 J. Acc. Res.. 39 565-582

  22. Goyal, A. ; Santa-Clara, P. Idiosyncratic risk matters!. 2003 J. Finance. 58 975-1007

  23. Goyenko, R.Y., Holden, C.W., Ukhov, A.D., 2006. Do stock splits improve liquidity? Unpublished manuscript.
    Paper not yet in RePEc: Add citation now
  24. Hamilton, J.D. Time Series Analysis. 1994 Princeton University Press: Princeton, NJ
    Paper not yet in RePEc: Add citation now
  25. Hough, T., Wellman, J., 2001. Are spin-offs independent of their parents? Unpublished manuscript.
    Paper not yet in RePEc: Add citation now
  26. Hulburt, H.M. ; Miles, J.A. ; Woolridge, J.R. Value creation from equity carve-outs. 2002 Finan. Manage.. 31 83-100

  27. Huson, M.R. ; MacKinnon, G. Corporate spinoffs and information asymmetry between investors. 2003 J. Corp. Finan.. 9 481-503

  28. Kahle, K.M. ; Walkling, R.A. The impact of industry classifications on financial research. 1996 J. Finan. Quant. Anal.. 31 309-335

  29. Kamara, A. ; Koski, J.L. Volatility, autocorrelations, and trading activity after stock splits. 2001 J. Finan. Markets. 4 163-184

  30. Kim, C.J. ; Nelson, C.R. State-space Models with Regime Switching. 1999 The MIT Press: Cambridge, MA

  31. Klein, A. The timing and substance of divestiture announcements: individual, simultaneous and cumulative effects. 1986 J. Finance. 41 685-696

  32. Klein, A. ; Rosenfeld, J. ; Beranek, W. The two stages of an equity carve-out and the price response of parent and subsidiary stock. 1991 Managerial Dec. Econ.. 12 449-460
    Paper not yet in RePEc: Add citation now
  33. Kudla, R.J. ; McInish, T.H. Divergence of opinion and corporate spin-offs. 1988 Quart. Rev. Econ. Bus.. 28 20-29
    Paper not yet in RePEc: Add citation now
  34. Malkiel, B.G. ; Xu, Y. Investigating the behavior of idiosyncratic volatility. 2003 J. Bus.. 76 613-645

  35. Malkiel, B.G., Xu, Y., 2001. Idiosyncratic volatility and security returns. Unpublished manuscript.
    Paper not yet in RePEc: Add citation now
  36. Merton, R.C. A simple model of capital market equilibrium with incomplete information. 1987 J. Finance. 42 483-510

  37. Michaely, R. ; Shaw, W.H. The choice of going public: spin-offs vs. carve-outs. 1995 Finan. Manage.. 24 5-21

  38. Miles, J.A. ; Rosenfeld, J.D. The effect of voluntary spin-off announcements on shareholder wealth. 1983 J. Finance. 38 1597-1606

  39. Mitchell, M. ; Pulvino, T. ; Stafford, E. Price pressures around mergers. 2004 J. Finance. 59 31-63

  40. Mukherji, S. ; Kim, Y.H. ; Walker, M.C. The effect of stock splits on the ownership structure of firms. 1997 J. Corp. Finan.. 3 167-188

  41. Ohlson, J.A. ; Penman, S.H. Volatility increases subsequent to stock splits: an empirical aberration. 1985 J. Finan. Econ.. 14 251-266

  42. Pastor, L. ; Veronesi, P. Stock valuation and learning about profitability. 2003 J. Finance. 58 1749-1789

  43. Perotti, E. ; Rossetto, S. Unlocking value: equity carve outs as strategic real options. 2007 J. Corp. Finan.. 13 771-792

  44. Schipper, K. ; Smith, A. A comparison of equity carve-outs and seasoned equity offerings: share price effects and corporate restructuring. 1986 J. Finan. Econ.. 15 153-186

  45. Schlingemann, F.P. ; Stulz, R.M. ; Walkling, R.A. Divestitures and the liquidity of the market for corporate assets. 2002 J. Finan. Econ.. 64 117-144

  46. Vijh, A.M. Long-term returns from equity carveouts. 1999 J. Finan. Econ.. 51 273-308

  47. Vijh, A.M. The spinoff and merger ex-date effects. 1994 J. Finance. 49 581-609

  48. Wei, S.X. ; Zhang, C. Why did individual stocks become more volatile?. 2006 J. Bus.. 79 259-292

  49. White, H. A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity. 1980 Econometrica. 48 817-838

  50. Wruck, E.G. ; Wruck, K.H. Restructuring top management: evidence from corporate spinoffs. 2002 J. Lab. Econ.. 20 S176-S218
    Paper not yet in RePEc: Add citation now
  51. Ye, J. Excess returns, stock splits, and analyst earnings forecasts. 1999 J. Portfol. Manage.. 25 70-76
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Do shareholders really matter for firm performance? Evidence from the ownership characteristics of Italian listed companies. (2023). Negri, Giulia ; Gigante, Gimede ; Chiarella, Carlo ; Gatti, Stefano ; Caselli, Stefano.
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:86:y:2023:i:c:s1057521923000601.

    Full description at Econpapers || Download paper

  2. .

    Full description at Econpapers || Download paper

  3. .

    Full description at Econpapers || Download paper

  4. .

    Full description at Econpapers || Download paper

  5. .

    Full description at Econpapers || Download paper

  6. Ex-date variables and DIPO parent returns. (2022). Thompson, Thomas H.
    In: Journal of Economics and Finance.
    RePEc:spr:jecfin:v:46:y:2022:i:3:d:10.1007_s12197-022-09585-9.

    Full description at Econpapers || Download paper

  7. Like father, like son: Who creates listed subsidiaries?. (2022). Uchida, Konari ; Boulifa, Hichem.
    In: Journal of the Japanese and International Economies.
    RePEc:eee:jjieco:v:64:y:2022:i:c:s0889158322000156.

    Full description at Econpapers || Download paper

  8. An examination of the liquidity of equity carve-out parents. (2021). Thompson, Thomas H.
    In: Journal of Economics and Finance.
    RePEc:spr:jecfin:v:45:y:2021:i:3:d:10.1007_s12197-021-09546-8.

    Full description at Econpapers || Download paper

  9. Learning the wealth effects from equity carve-outs. (2020). Aziz, Saqib ; Dowling, Michael ; Dereeper, Sebastien ; Mashwani, Asad Iqbal.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:33:y:2020:i:c:s1544612319302788.

    Full description at Econpapers || Download paper

  10. Corporate divestiture and performance: an institutional view. (2018). Zschoche, Miriam ; Flickinger, Miriam.
    In: Journal of Management & Governance.
    RePEc:kap:jmgtgv:v:22:y:2018:i:1:d:10.1007_s10997-017-9384-6.

    Full description at Econpapers || Download paper

  11. The performance of European equity carve-outs. (2018). Dasilas, Apostolos ; Leventis, Stergios.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:34:y:2018:i:c:p:121-135.

    Full description at Econpapers || Download paper

  12. Do long-term investors improve corporate decision making?. (2018). Harford, Jarrad ; Mansi, Sattar ; Kecskes, Ambrus.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:50:y:2018:i:c:p:424-452.

    Full description at Econpapers || Download paper

  13. Refocusing through discontinued operations in response to acquisitions and diversification. (2017). Lord, Richard A ; Saito, Yoshie.
    In: Advances in accounting.
    RePEc:eee:advacc:v:37:y:2017:i:c:p:71-84.

    Full description at Econpapers || Download paper

  14. M&A operations: Further evidence of informed trading in the CDS market. (2015). Vieira, Carlos ; Silva, Paulo ; da Silva, Paulo Pereira .
    In: Journal of Multinational Financial Management.
    RePEc:eee:mulfin:v:32-33:y:2015:i::p:116-130.

    Full description at Econpapers || Download paper

  15. Media news and earnings management prior to equity offerings. (2015). Chahine, Salim ; Mazboudi, Mohamad ; Mansi, Sattar.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:35:y:2015:i:c:p:177-195.

    Full description at Econpapers || Download paper

  16. Corporate governance and market performance of parent firms following equity carve-out announcements. (2014). Chahine, Salim ; Zeidan, Mohamad .
    In: Journal of Management & Governance.
    RePEc:kap:jmgtgv:v:18:y:2014:i:2:p:471-503.

    Full description at Econpapers || Download paper

  17. The impacts of parent’s listing status on subsidiary’s financial constraint and cost of equity capital: the case of equity carve-outs. (2014). Tam, Lewis ; Lewis H. K. Tam, .
    In: Accounting and Finance.
    RePEc:bla:acctfi:v:54:y:2014:i:1:p:275-299.

    Full description at Econpapers || Download paper

  18. An examination of ex-ante factors and their influence on equity carve-out long-term performance. (2013). Thompson, Thomas .
    In: Journal of Economics and Finance.
    RePEc:spr:jecfin:v:37:y:2013:i:2:p:159-172.

    Full description at Econpapers || Download paper

  19. The value implications of restrictions on asset sales. (2013). Waller, Gregory H. ; Sibilkov, Valeriy ; Straska, Miroslava .
    In: Review of Financial Economics.
    RePEc:eee:revfin:v:22:y:2013:i:3:p:98-108.

    Full description at Econpapers || Download paper

  20. Value creation from financing in equity carve-outs: Evidence from Japan. (2013). Otsubo, Minoru .
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:68:y:2013:i:c:p:52-69.

    Full description at Econpapers || Download paper

  21. Vertical divestitures through equity carve-outs and spin-offs: A product markets perspective. (2011). Jain, Bharat A. ; Kini, Omesh ; Shenoy, Jaideep.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:100:y:2011:i:3:p:594-615.

    Full description at Econpapers || Download paper

  22. On the acquisition of equity carve-outs. (2011). Desai, Chintal A. ; Mansi, Sattar A. ; Klock, Mark S..
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:35:y:2011:i:12:p:3432-3449.

    Full description at Econpapers || Download paper

  23. Institutional trading, information production, and the choice between spin-offs, carve-outs, and tracking stock issues. (2011). Chemmanur, Thomas ; Liu, Mark H..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:17:y:2011:i:1:p:62-82.

    Full description at Econpapers || Download paper

  24. On the causes of volatility effects of conglomerate breakups. (2010). Desai, Chintal A. ; Savickas, Robert .
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:16:y:2010:i:4:p:554-571.

    Full description at Econpapers || Download paper

  25. Agency problems in tracking stock and minority carve-out decisions: Explaining the discrepancy in short- and long-term performances. (2009). He, Wei ; Mukherjee, Tarun ; Wei, Peihwang.
    In: Journal of Economics and Finance.
    RePEc:spr:jecfin:v:33:y:2009:i:1:p:27-42.

    Full description at Econpapers || Download paper

  26. An examination of the impact of equity carve-outs on stockholder and bondholder wealth. (2009). Thompson, Thomas H. ; Apilado, Vince .
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:61:y::i:5:p:376-391.

    Full description at Econpapers || Download paper

  27. Gains from equity carve-outs and subsequent events. (2009). Otsubo, Minoru .
    In: Journal of Business Research.
    RePEc:eee:jbrese:v:62:y:2009:i:11:p:1207-1213.

    Full description at Econpapers || Download paper

  28. The profitability of asset sales as an explanation of asset divestitures. (2008). Shin, Hwan G..
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:16:y:2008:i:5:p:555-571.

    Full description at Econpapers || Download paper

  29. On the anticipation of IPO underpricing: Evidence from equity carve-outs. (2008). yu, xiaoyun ; Fu, Huijing ; Seguin, Paul J. ; Benveniste, Lawrence M..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:14:y:2008:i:5:p:614-629.

    Full description at Econpapers || Download paper

  30. How Preussag Became TUI: A Clinical Study of Institutional Blockholders and Restructuring in Europe. (2008). Dittmann, Ingolf ; Schneider, Christoph ; Maug, Ernst.
    In: Financial Management.
    RePEc:bla:finmgt:v:37:y:2008:i:3:p:571-598.

    Full description at Econpapers || Download paper

  31. Unlocking value: Equity carve outs as strategic real options. (2007). rossetto, silvia ; Perotti, Enrico.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:13:y:2007:i:5:p:771-792.

    Full description at Econpapers || Download paper

  32. Unlocking Value: Equity Carve outs as Strategic Real Options. (2007). rossetto, silvia ; Perotti, Enrico.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6268.

    Full description at Econpapers || Download paper

  33. On Corporate Divestiture. (2005). Guo, Re-Jin ; Chen, Hsiu-Lang.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:24:y:2005:i:4:p:399-421.

    Full description at Econpapers || Download paper

  34. An empirical investigation of corporate asset downsizing. (2005). Denis, Diane K. ; Shome, Dilip K..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:11:y:2005:i:3:p:427-448.

    Full description at Econpapers || Download paper

  35. Internal capital markets and investment policy: evidence from corporate spinoffs. (2004). Ahn, Seoungpil ; Denis, David J..
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:71:y:2004:i:3:p:489-516.

    Full description at Econpapers || Download paper

  36. Can the Market Add and Subtract? Mispricing in Tech Stock Carve-outs. (2003). Thaler, Richard ; Lamont, Owen.
    In: Journal of Political Economy.
    RePEc:ucp:jpolec:v:111:y:2003:i:2:p:227-268.

    Full description at Econpapers || Download paper

  37. Frictions and Tax-Motivated Hedging: An Empirical Exploration of Publicly-Traded Exchangeable Securities. (2002). Gentry, William ; Schizer, David M..
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9243.

    Full description at Econpapers || Download paper

  38. Divestitures and the liquidity of the market for corporate assets. (2002). Stulz, René ; Schlingemann, Frederik ; Walkling Ralph A., ; Schlingemann Frederik P., .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:64:y:2002:i:1:p:117-144.

    Full description at Econpapers || Download paper

  39. Can the Market Add and Subtract? Mispricing in Tech Stock Carve-Outs. (2001). Thaler, Richard ; Lamont, Owen.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:8302.

    Full description at Econpapers || Download paper

  40. Sub-debt Yield Spreads as Bank Risk Measures. (2001). Wall, Larry ; Evanoff, Douglas.
    In: Journal of Financial Services Research.
    RePEc:kap:jfsres:v:20:y:2001:i:2:p:121-145.

    Full description at Econpapers || Download paper

  41. Sub-debt yield spreads as bank risk measures. (2001). Wall, Larry ; Evanoff, Douglas.
    In: Working Paper Series.
    RePEc:fip:fedhwp:wp-01-03.

    Full description at Econpapers || Download paper

  42. Sub-debt yield spreads as bank risk measures. (2001). Wall, Larry ; Evanoff, Douglas.
    In: FRB Atlanta Working Paper.
    RePEc:fip:fedawp:2001-11.

    Full description at Econpapers || Download paper

  43. Why firms issue targeted stock. (2000). Julia, D'Souza ; John, Jacob .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:56:y:2000:i:3:p:459-483.

    Full description at Econpapers || Download paper

  44. Comparing acquisitions and divestitures. (2000). Boone, Audra L. ; Mulherin, Harold J..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:6:y:2000:i:2:p:117-139.

    Full description at Econpapers || Download paper

  45. Corporate Focusing and Internal Capital Markets. (1999). Stulz, René ; Schlingemann, Frederik ; Walkling, Ralph A..
    In: NBER Working Papers.
    RePEc:nbr:nberwo:7175.

    Full description at Econpapers || Download paper

  46. Capital markets and corporate structure: the equity carve-outs of Thermo Electron. (1998). Allen Jeffrey W., .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:48:y:1998:i:1:p:99-124.

    Full description at Econpapers || Download paper

  47. Can the Market Add and Subtract? Mispricing in Tech Stock Carve-outs. (). Thaler, Richard ; Lamont, Owen.
    In: CRSP working papers.
    RePEc:wop:chispw:528.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-01-15 08:13:38 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.