Value Creation in European Equity Carve-Outs

The total volume of equity carve-outs (i.e. IPOs of subsidiary firms) in Europe over the last 20 years amounts to approx. € 90 billion. Carve-outs thus account for almost 20% of the total IPO volume. Companies use them for a variety of reasons aimed at increasing shareholder value. Nevertheless, not...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Pojezny, Nikolas (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Wiesbaden : DUV, 2006.
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
Πίνακας περιεχομένων:
  • Definitions and theoretical foundations
  • Short-term price performance of European equity carve-outs
  • Long-term operating performance of European equity carve-outs
  • Long-term price performance of European equity carve-outs
  • What do we learn about internal capital markets from equity carve-outs?
  • Determinants of the nature of the second event in European equity carve-outs
  • Conclusion.