Kwon, Sung S.; Kim, Sungsoo; Gaber, Brian - In: International Journal of Accounting and Finance 1 (2008) 1, pp. 83-106
Previous research shows that the stock market positively values firms whose motivation is to clearly enhance productivity through streamlining their assets as part of a restructuring campaign. In this study, we examine 47 firms that voluntarily disclosed asset write-down information in either...
