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

• 主要な著者: Lee, Janice Yim Mei, Mat Nor, Fauzias, Alias, Norazlan
• フォーマット: 論文
• 出版事項: Vilnius Gediminas Technical University (VGTU) Press Technika. 2013
• 主題: HD28 Management. Industrial Management
• オンライン･アクセス: http://eprints.utm.my/id/eprint/49218/; http://dx.doi.org/10.3846/1648715X.2013.852634

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 divestiture...