Glambosky, Mina C.; Gleason, Kimberly C.; Madura, Jeff - In: The Financial Review 45 (2010) 3, pp. 873-889
We assess the valuation effects and risk for acquirers of privatized state-owned enterprises (SOEs). The valuation effects of purchasers are positive and significant; they increase for purchasers that have recent high performance, better access to capital, and have engaged in larger...