Corporate Spin-Offs, Their Price Reactions and Determinants in Malaysia
Spin-off as a form of financial restructuring has been examined in the US and the UK but not in other markets. This is a first study outside those markets. The evidence from a sample of 85 spin-off cases in Malaysia reveals that both the parent and the spin-off company stocks gain significant positi...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia
2008-03-01
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Series: | The International Journal of Banking and Finance |
Subjects: | |
Online Access: | https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8360 |