| Author: | McConnell, J.J. Wahal, S. |
| Title: | Spin-offs, ex ante |
| Journal: | Journal of Business
2001 : APR, VOL. 74:2, p. 245-280 |
| Index terms: | SPIN-OFFS |
| Freeterms: | EX ANTE EXCESS RETURNS |
| Language: | eng |
| Abstract: | Cusatis, Miles, and Woolridge (1993) report large positive excess returns following spin-offs over the period 1065-88. The authors of this article investigate whether a trading strategy based on this ex post analysis would have earned excess returns on an ex ante basis over the period 1989-95. |
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