Essays on corporate strategy
Essays on corporate strategy
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About This Book
This dissertation consists of three studies of corporate strategy. Chapter 1 investigates "legacy" divestitures, the sale or spinoff of a company's historical core business. Chapter 2 considers how the combination of business expertiese and share ownership in Fortune 500 directors affects corporate value. Chapter 3 investigates equity analysts' coverage of pending corporate spinoffs, a setting in which analysts' ability to inform investors is potentially very high.
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