, die im angelsächsischen Raum als "divestiture" bekannt sind. Die wesentlichen Gründe zum Verkauf von Unternehmensbereichen …

on two choice variables, the leverage and the ownership structure of the foreign affiliate, and we distinguish different … that as political risk increases the ownership share always decreases whereas leverage can both increase or decrease …

This study examines changes in block ownership for a large sample of listed and non-listed German firms. The frequency … ownership (control transfers). Such changes are more likely for firms with high leverage, while they are less likely for larger … firms and firms with high ownership concentration. Only for listed firms poor performance is related to more frequent …

This study investigates the determinants of changes in corporate ownership and firm failure, taking into account … likely to fail or to be sold when performance is poor, financial pressure is high, and firm size is small. Cross ownership … deters control changes, and ownership concentration has a non-linear impact on the likelihood of control transfer. In …