Asset divestitures and corporate operational returns: an agency theory perspective on Malaysian public-listed companies

Asset divestitures and corporate operational returns: an agency theory perspective on Malaysian public-listed companies

Divestitures of property, plant and equipment (PPE) assets are a common form of corporate restructuring. However, divesting companies do not necessarily attain improved post-divestiture shareholder wealth. Studies show company characteristics and use of divestiture proceeds may influence divestitur...

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Bibliographic Details
Main Authors: Janice Lee Ym, Fauzias Mat Nor, Norazlan Alias
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2013-12-01
Series:International Journal of Strategic Property Management
Subjects:
Asset divestitures
Agency problem
Operational returns
Divestiture proceeds
Online Access:https://journals.vgtu.lt/index.php/IJSPM/article/view/4211

Internet

https://journals.vgtu.lt/index.php/IJSPM/article/view/4211

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