Matches in SemOpenAlex for { <https://semopenalex.org/work/W2308531116> ?p ?o ?g. }
- W2308531116 abstract "This paper investigates the short- and long-run share return performance of Malaysian spin-off firms. Using daily and monthly data, it examines the performance of spin-off firms against the benchmarks of Malaysian indices and matched-firm portfolios. The results show that parent firms significantly outperformed the market during the few days surrounding the announcement date even after adjustment for size. In the long-run analysis over three years, however, we do not find abnormal performance for parents, spun-offs and combined entities. We also find some evidence that the notable positive share returns for parent firms over the short-run period are related to political linkage rather than corporate focus or the size effect. Overall, this research allows us to plausibly argue that the market anticipates both increased value for parent shareholders and exploitable stock market inefficiency in the short-run period but not in the long-run period." @default.
- W2308531116 created "2016-06-24" @default.
- W2308531116 creator A5055089454 @default.
- W2308531116 creator A5074419168 @default.
- W2308531116 date "2014-01-01" @default.
- W2308531116 modified "2023-09-27" @default.
- W2308531116 title "Spin-Off and Value Creation: The Case of Malaysia" @default.
- W2308531116 cites W1536354300 @default.
- W2308531116 cites W1976241168 @default.
- W2308531116 cites W1983287054 @default.
- W2308531116 cites W2004127398 @default.
- W2308531116 cites W2011291450 @default.
- W2308531116 cites W2113948107 @default.
- W2308531116 cites W2120822293 @default.
- W2308531116 cites W2131820832 @default.
- W2308531116 cites W2158635617 @default.
- W2308531116 cites W3121294804 @default.
- W2308531116 cites W3122685144 @default.
- W2308531116 doi "https://doi.org/10.2139/ssrn.2534354" @default.
- W2308531116 hasPublicationYear "2014" @default.
- W2308531116 type Work @default.
- W2308531116 sameAs 2308531116 @default.
- W2308531116 citedByCount "0" @default.
- W2308531116 crossrefType "journal-article" @default.
- W2308531116 hasAuthorship W2308531116A5055089454 @default.
- W2308531116 hasAuthorship W2308531116A5074419168 @default.
- W2308531116 hasConcept C10138342 @default.
- W2308531116 hasConcept C104317684 @default.
- W2308531116 hasConcept C105795698 @default.
- W2308531116 hasConcept C106159729 @default.
- W2308531116 hasConcept C120757647 @default.
- W2308531116 hasConcept C144133560 @default.
- W2308531116 hasConcept C151730666 @default.
- W2308531116 hasConcept C162324750 @default.
- W2308531116 hasConcept C185592680 @default.
- W2308531116 hasConcept C200870193 @default.
- W2308531116 hasConcept C204208750 @default.
- W2308531116 hasConcept C2776291640 @default.
- W2308531116 hasConcept C2777601474 @default.
- W2308531116 hasConcept C2778869765 @default.
- W2308531116 hasConcept C2780299701 @default.
- W2308531116 hasConcept C2780762169 @default.
- W2308531116 hasConcept C2992649737 @default.
- W2308531116 hasConcept C31266012 @default.
- W2308531116 hasConcept C33923547 @default.
- W2308531116 hasConcept C34447519 @default.
- W2308531116 hasConcept C39389867 @default.
- W2308531116 hasConcept C40700 @default.
- W2308531116 hasConcept C55493867 @default.
- W2308531116 hasConcept C556758197 @default.
- W2308531116 hasConcept C86803240 @default.
- W2308531116 hasConceptScore W2308531116C10138342 @default.
- W2308531116 hasConceptScore W2308531116C104317684 @default.
- W2308531116 hasConceptScore W2308531116C105795698 @default.
- W2308531116 hasConceptScore W2308531116C106159729 @default.
- W2308531116 hasConceptScore W2308531116C120757647 @default.
- W2308531116 hasConceptScore W2308531116C144133560 @default.
- W2308531116 hasConceptScore W2308531116C151730666 @default.
- W2308531116 hasConceptScore W2308531116C162324750 @default.
- W2308531116 hasConceptScore W2308531116C185592680 @default.
- W2308531116 hasConceptScore W2308531116C200870193 @default.
- W2308531116 hasConceptScore W2308531116C204208750 @default.
- W2308531116 hasConceptScore W2308531116C2776291640 @default.
- W2308531116 hasConceptScore W2308531116C2777601474 @default.
- W2308531116 hasConceptScore W2308531116C2778869765 @default.
- W2308531116 hasConceptScore W2308531116C2780299701 @default.
- W2308531116 hasConceptScore W2308531116C2780762169 @default.
- W2308531116 hasConceptScore W2308531116C2992649737 @default.
- W2308531116 hasConceptScore W2308531116C31266012 @default.
- W2308531116 hasConceptScore W2308531116C33923547 @default.
- W2308531116 hasConceptScore W2308531116C34447519 @default.
- W2308531116 hasConceptScore W2308531116C39389867 @default.
- W2308531116 hasConceptScore W2308531116C40700 @default.
- W2308531116 hasConceptScore W2308531116C55493867 @default.
- W2308531116 hasConceptScore W2308531116C556758197 @default.
- W2308531116 hasConceptScore W2308531116C86803240 @default.
- W2308531116 hasLocation W23085311161 @default.
- W2308531116 hasOpenAccess W2308531116 @default.
- W2308531116 hasPrimaryLocation W23085311161 @default.
- W2308531116 hasRelatedWork W1578837501 @default.
- W2308531116 hasRelatedWork W168210547 @default.
- W2308531116 hasRelatedWork W1965593921 @default.
- W2308531116 hasRelatedWork W1965891104 @default.
- W2308531116 hasRelatedWork W1983504282 @default.
- W2308531116 hasRelatedWork W2026593188 @default.
- W2308531116 hasRelatedWork W2034864589 @default.
- W2308531116 hasRelatedWork W2070930466 @default.
- W2308531116 hasRelatedWork W2087998040 @default.
- W2308531116 hasRelatedWork W2134830234 @default.
- W2308531116 hasRelatedWork W2158635617 @default.
- W2308531116 hasRelatedWork W2169116015 @default.
- W2308531116 hasRelatedWork W2192607347 @default.
- W2308531116 hasRelatedWork W2258337460 @default.
- W2308531116 hasRelatedWork W2272393941 @default.
- W2308531116 hasRelatedWork W2351767850 @default.
- W2308531116 hasRelatedWork W2923769117 @default.
- W2308531116 hasRelatedWork W3122183847 @default.
- W2308531116 hasRelatedWork W3124356439 @default.
- W2308531116 hasRelatedWork W2143549525 @default.
- W2308531116 isParatext "false" @default.