Lee, Ken Chin-Chong - In: International Journal of Business Forecasting and … 1 (2010) 3/4, pp. 247-261
This study examines the influence of equity carve-out (ECO) announcements on the share prices of parent firms using a hand-collected sample of 64 ECO announcements made within the time period from year 2000 to year 2008. It is found that ECOs have a positive impact on parent firms' share prices...