Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 14 of 14 for “"Divestitures"”.
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Essays On Horizontal Divestitures And Product Market Relationships
… first to study the product effect of horizontal divestitures on upstream and downstream firms. This first essay examines product market impact of a sample of horizontal asset sales from 1988 to 2005 on corporate customers, suppliers, and industry rivals. I create a sample of firms that classifies …
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Essays on the sequencing of divestitures and acquisitions
… corporate reconfiguration activities of divestitures and acquisitions. In particular, this research contributes to theory in strategic management by analyzing how sequential corporate transactions influence firm outcomes and considering how programs of strategic decisions lead to …
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The determinants of divestitures and divestiture returns in South Africa
This study investigates the determinants of divestitures, the impact of divestitures on shortterm firm value and the determinants of divestiture returns in South Africa. The study is based on a sample of 46 non-financial firms listed on the Johannesburg Stock Exchange (JSE) between 2000 and 2014. …
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Essays on the Impact of Antitrust Regulation on Corporate Mergers and Divestitures
A merger requires at least one of two separate yet equally important sets of negotiations. The first involves merging parties to discuss issues related to the terms of the merger, including target firm's valuation. The second resolves disputes between the merging parties and the government …
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The Impact Of Divestitures (Spin-offs And Sell-offs) Announcements On The Share Price Performance Of Parent’s Companies: South African Listed Companies
This thesis is based on the empirical examination of the impact of divestiture announcements, with a focus on spin-off and sell-off transactions, on the share performance of parent companies listed on the Johannesburg Stock Exchange (JSE) in South Africa. The sample of the study for spin-off …
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Fundamentals of divestiture as a restructuring method : case study of LG demergers in terms of shareholders value and corporate governance in the context of Korean practice
… global capital market places in regard to the divestitures as one of the corporate restructuring instruments and to confirm the generally acceptable hypothesis that the most of breakup cases driven by the strategic purpose of "focus and concentration" would be justified by the enhancement of …
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Life Cycle, Divestment and Corporate Governance
… This thesis is a pioneering UK study examining divestitures from three points of view: shareholder wealth; corporate governance, and the life cycle. While the growth factor is important for most firms, most previous divestment research appears not to have given enough emphasis to the growth …
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The effect of competition in the healthcare industry
… power increases as a result of the merger, divestitures were required in 21 product markets. Unlike previous literature, I examine two types of markets in which the merging firms were present, markets that involve divestitures and markets that do not. Examining markets involving divestitures …
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Board structure and market reaction to corporate divestiture decisions
… the differences in the internal governance of divestitures, usually undertaken to reverse a merger activity and increase the firm's focus on its core business, have not been empirically investigated. This study examines the market reaction to divestiture decisions characterized by spin-offs and …
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An Examination of Variables Associated With Divestment Decisions
… Previous studies have shown that certain divestitures tend to result in stock price increases; thus investors may benefit from a consideration of factors underlying the divestment process. This study draws from both wealth maximization theory and agency theory to obtain variables …
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Financing Fusion Energy
… the ability to create revenue-generating divestitures in related fields, and the breadth of auxiliary technologies needed to support a functioning power plant. The model expands the pool of available capital by creating tranches with different risk-return tradeoffs and providing a …
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Three essays on financial economics
… with effects on decisions regarding investment, divestitures, employment, R&D, and savings. The effects we identify are short-lived and modulated by the degree of reversibility of capital and labor. UK-exposed firms with less redeployable capital and high input-offshoring dependence cut …
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Divestiture governance modes and innovation outcomes
… each mode. The first study finds that while divestitures can potentially align market information and unit-managers’ agency incentives to unit-level outcomes for both governance modes, only spin-offs are granted more autonomy from their parents’ constraints to restructure their decision …
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INNOVATION IN DECLINING AND DISTRESSED FIRMS
… search, and the roles of intangible asset divestitures and human capital.</p> <p>The dissertation consists of three essays. The first essay proposes a persistence-based framework of organizational search. This framework connects the relative persistence of social and historical relative …