Divisional diversity and the conglomerate discount: evidence from spinoffs-Reference-Cited by-同舟云学术

Divisional diversity and the conglomerate discount: evidence from spinoffs

Published:2003-10 Issue:1 Volume:70 Page:69-98
ISSN:0304-405X
Container-title:Journal of Financial Economics
language:en
Short-container-title:Journal of Financial Economics

Author:

Burch Timothy R.,Nanda Vikram

Publisher

Elsevier BV

Subject

Strategy and Management,Economics and Econometrics,Finance,Accounting

Reference30 articles.

1. Diversification's effect on firm value;Berger;Journal of Financial Economics,1995

2. Burch, T., Nanda, V., Narayanan, M.P., 2001. Industry structure and the conglomerate ‘discount’: theory and evidence. Unpublished working paper, University of Miami.

3. Explaining the diversification discount;Campa;Journal of Finance,2001

4. Chevalier, J., 1999. Why do firms undertake diversifying mergers? An examination of the investment policies of merging firms. Unpublished working paper, University of Chicago.

5. Corporate focus and stock returns;Comment;Journal of Financial Economics,1995

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