Do Spinoffs Create Value in Hong Kong?

There is a broad consensus in the literature that spinoffs tend to create value for shareholders and exhibit positive long-run excess returns. However, most of the prior studies are confined to the US and the European cases. The spinoff problems in Hong Kong are surprisingly under-studied despite i...

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Bibliographic Details

Main Authors:	Tai-Leung, Terence Chong, Wai-Hong, Daniel Wong, Liew, Venus Khim-Sen
Format:	Article
Language:	en
Published:	Emerald Group Publishing Limited 2006
Subjects:	HB Economic Theory
Online Access:	http://ir.unimas.my/id/eprint/16678/1/Terence.pdf http://ir.unimas.my/id/eprint/16678/ http://www.emeraldinsight.com/doi/abs/10.1108/15587890980000416
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