Value creation through European equity carve-outs

Author(s)

    • Pojezny, Nikolas

Bibliographic Information

Value creation through European equity carve-outs

Nikolas Pojezny ; with a foreword by Ulrich Hommel

(Schriftenreihe der European Business School, Bd. 62)

Deutscher Universitäts-Verlag, 2006

1. Aufl

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Note

Originally presented as the author's thesis (doctoral) -- European Business School Oestrich-Winkel, 2006

Description and Table of Contents

Description

Employing the most comprehensive sample of European carve-outs to date, Nikolas Pojezny analyzes the performance of carve-outs along various dimensions: Both the reaction of parent firms to the announcement of a carve-out as well as share price and operating performance in a multi-year window around the event are examined in detail.

Table of Contents

Short-term price performance of European equity carve-outs Long-term price operating performance of European equity carve-outs Long-term price performance of European equity carve-outs What do we learn about internal capital markets from equity carve-outs? Determinations of the nature of second event in European equity carve-outs

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