search query: @indexterm DISINVESTMENT / total: 22
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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. |
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