Similar Search Results

Examining the Choice Between Tracking Stocks and Minority Carve-out and Their Relative Performances

He, Wei; Mukherjee, Tarun K.; Wei, Peihwang P. - 2006

controlled by their executives, and firms withgreater financial strength prior to restructuring. The former two are consistent …

Persistent link: https://www.econbiz.de/10009468590

Examining the Choice Between Tracking Stocks and Minority Carve-out and Their Relative Performances

He, Wei; Mukherjee, Tarun K.; Wei, Peihwang - 2006

tightly controlled by their executives, and firms with greater financial strength prior to restructuring. The former two are …

Persistent link: https://www.econbiz.de/10009451086

Examining the Choice Between Tracking Stocks and Minority Carve-out and Their Relative Performances

He, Wei; Mukherjee, Tarun K.; Wei, Peihwang P. - Department of Economics and Finance, College of … - 2006

tightly controlled by their executives, and firms with greater financial strength prior to restructuring. The former two are …

Persistent link: https://www.econbiz.de/10005585747

Corporate Restructuring

Eckbo, B. Espen; Thorburn, Karin S. - In: Foundations and Trends(R) in Finance 7 (2013) 3, pp. 159-288

We survey the empirical literature on corporate financial restructuring, including breakup transactions (divestitures … type, we survey techniques, deal financing, transaction volume, valuation effects and potential sources of restructuring … costly diversification discount. The empirical evidence shows that the typical restructuring creates substantial value for …

Persistent link: https://www.econbiz.de/10010693713

Carve-outs under airline antitrust immunity

Brueckner, Jan Keith; Proost, Stef - 2009

This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are designed to limit the potential anticompetitive effects of cooperation by alliance partners in hub-to-hub markets, where they provide overlapping nonstop service. While the paper...

Persistent link: https://www.econbiz.de/10010271860

Airline alliances, carve-outs and collusion

Brueckner, Jan K.; Picard, Pierre M. - 2011

In this paper, we ask how antitrust immunity subject to a carve-out affects collusion incentives in international airline alliances. We show that the gains from economies of density due to higher interline traffic under the alliance strengthen the incentive to collude on the interhub segment,...

Persistent link: https://www.econbiz.de/10010278832