Matches in SemOpenAlex for { <https://semopenalex.org/work/W2617691796> ?p ?o ?g. }
Showing items 1 to 67 of
67
with 100 items per page.
- W2617691796 abstract "We study the valuation, information and industry perspectives of equity carve-outs. In our first paper, we study the wealth effect of equity carve-outs and its relationship with the abnormal returns to the parent firm. Using thisrelationship we find that during book-building period of equity carve-out, the returns to the parent firm can be used to pre-empt the wealth effect of equity carve-out. In our second paper, we argue that equity carve-outs, on average, are carried out in industries, where opportunities are low. We find that these industries have low operating performance, gauged on profitability, cash flow and profit margin compared to industries where there are no carve-outs. In addition to this evidence, we find that the merger and acquisition activities, in which targetsare in industries where carve-out activities happened in last three years before the M&A activity, bidders have less value created compared to mergers where the target industry has no carve-out activity. In our third paper, we analyze the impact of carve-outs on the divergence of belief and the number of analysts following the firm. We find that divergence of belief increases after a carve-out and number of analysts following the firm increases, also." @default.
- W2617691796 created "2017-06-05" @default.
- W2617691796 creator A5074507792 @default.
- W2617691796 date "2015-11-13" @default.
- W2617691796 modified "2023-09-27" @default.
- W2617691796 title "Valuation, Information and Industry Perspectives of Equity Carve-outs" @default.
- W2617691796 hasPublicationYear "2015" @default.
- W2617691796 type Work @default.
- W2617691796 sameAs 2617691796 @default.
- W2617691796 citedByCount "0" @default.
- W2617691796 crossrefType "journal-article" @default.
- W2617691796 hasAuthorship W2617691796A5074507792 @default.
- W2617691796 hasConcept C10138342 @default.
- W2617691796 hasConcept C106159729 @default.
- W2617691796 hasConcept C129361004 @default.
- W2617691796 hasConcept C144133560 @default.
- W2617691796 hasConcept C162324750 @default.
- W2617691796 hasConcept C163428354 @default.
- W2617691796 hasConcept C17744445 @default.
- W2617691796 hasConcept C186027771 @default.
- W2617691796 hasConcept C189560676 @default.
- W2617691796 hasConcept C199539241 @default.
- W2617691796 hasConcept C199728807 @default.
- W2617691796 hasConcept C2780933327 @default.
- W2617691796 hasConcept C40700 @default.
- W2617691796 hasConcept C556758197 @default.
- W2617691796 hasConceptScore W2617691796C10138342 @default.
- W2617691796 hasConceptScore W2617691796C106159729 @default.
- W2617691796 hasConceptScore W2617691796C129361004 @default.
- W2617691796 hasConceptScore W2617691796C144133560 @default.
- W2617691796 hasConceptScore W2617691796C162324750 @default.
- W2617691796 hasConceptScore W2617691796C163428354 @default.
- W2617691796 hasConceptScore W2617691796C17744445 @default.
- W2617691796 hasConceptScore W2617691796C186027771 @default.
- W2617691796 hasConceptScore W2617691796C189560676 @default.
- W2617691796 hasConceptScore W2617691796C199539241 @default.
- W2617691796 hasConceptScore W2617691796C199728807 @default.
- W2617691796 hasConceptScore W2617691796C2780933327 @default.
- W2617691796 hasConceptScore W2617691796C40700 @default.
- W2617691796 hasConceptScore W2617691796C556758197 @default.
- W2617691796 hasLocation W26176917961 @default.
- W2617691796 hasOpenAccess W2617691796 @default.
- W2617691796 hasPrimaryLocation W26176917961 @default.
- W2617691796 hasRelatedWork W139307679 @default.
- W2617691796 hasRelatedWork W1568725686 @default.
- W2617691796 hasRelatedWork W1571303092 @default.
- W2617691796 hasRelatedWork W1588038493 @default.
- W2617691796 hasRelatedWork W1594345889 @default.
- W2617691796 hasRelatedWork W1834290747 @default.
- W2617691796 hasRelatedWork W1896519594 @default.
- W2617691796 hasRelatedWork W1965462086 @default.
- W2617691796 hasRelatedWork W2026658332 @default.
- W2617691796 hasRelatedWork W2027769257 @default.
- W2617691796 hasRelatedWork W2058267860 @default.
- W2617691796 hasRelatedWork W2087977850 @default.
- W2617691796 hasRelatedWork W2152785329 @default.
- W2617691796 hasRelatedWork W2210314074 @default.
- W2617691796 hasRelatedWork W2285485132 @default.
- W2617691796 hasRelatedWork W2297730339 @default.
- W2617691796 hasRelatedWork W3157555162 @default.
- W2617691796 hasRelatedWork W620199891 @default.
- W2617691796 hasRelatedWork W648868944 @default.
- W2617691796 hasRelatedWork W2016613426 @default.
- W2617691796 isParatext "false" @default.
- W2617691796 isRetracted "false" @default.
- W2617691796 magId "2617691796" @default.
- W2617691796 workType "article" @default.