Do Spin-offs Really Create Corporate Value?

碩士 === 輔仁大學 === 金融研究所 === 93 === Abstract This paper examines wealth effects for a sample of 23 spin-offs that were announced between 2000 and 2004 in Taiwan, and investigates the relations between value drivers of spin-offs and cumulative average abnormal return. The results show the cumulative ave...

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Bibliographic Details
Main Authors: Chung Mei-Ling, 鐘美玲
Other Authors: Yeh Yin-Hua
Format: Others
Language:zh-TW
Published: 2005
Online Access:http://ndltd.ncl.edu.tw/handle/25582747741785336340