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Author:Sentis, P.
Title:L'impact des opérations de désinvestissement sur la richesse des actionnaires : approche en termes d'asymétrie d'information
Journal:Finance
1996 : VOL. 17:2, p.41-69
Index terms:DISINVESTMENT
SHARE VALUATION
SHAREHOLDER VALUE
FINANCIAL THEORY
Language:fre
Abstract:The effect of sell-off on stockholder wealth : an approach based on the asymetric information theory. Sell-off announcement and transaction price disclosure convey informations on the quality of the firm. The asset sell-off is studied in the framework of Myers and Majluf (1984) model.
SCIMA record nr: 174425
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