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dc.contributor.authorKalanoski, Nikola
dc.contributor.authorSvederberg, Simon
dc.date.accessioned2020-07-07T12:41:39Z
dc.date.available2020-07-07T12:41:39Z
dc.date.issued2020-07-07
dc.identifier.urihttp://hdl.handle.net/2077/65535
dc.descriptionMSc in Financesv
dc.description.abstractThis thesis investigates the long-term wealth effects from a sample of 134 spin-off transactions that were closed between January 2000 and September 2019. We document positive and significant average buy-and-hold abnormal returns for firms that have been spun-off in the 6, 18 and 24-month periods following the spin-off transaction. Furthermore, we find that both industry-focusing and non-industry-focusing spin-offs generate positive buy-and-hold abnormal returns. Our findings appear in line with the notion that spin-off transactions create significant value for firms' equity investors.sv
dc.language.isoengsv
dc.relation.ispartofseriesMaster Degree Projectsv
dc.relation.ispartofseries2020:179sv
dc.titleCREATING VALUE THROUGH SPIN-OFFS: EVIDENCE FROM EUROPEsv
dc.typeText
dc.setspec.uppsokSocialBehaviourLaw
dc.type.uppsokH2
dc.contributor.departmentUniversity of Gothenburg/Graduate Schooleng
dc.contributor.departmentGöteborgs universitet/Graduate Schoolswe
dc.type.degreeMaster 2-years


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