• DocumentCode
    3180393
  • Title

    Empirical analysis of China´s listed firms´ divestitures

  • Author

    Cui Lihua ; Quan Huizi

  • Author_Institution
    Sch. of Econ. & Manage., Yanbian Univ., Yanji, China
  • fYear
    2011
  • fDate
    8-10 Aug. 2011
  • Firstpage
    7073
  • Lastpage
    7075
  • Abstract
    This paper has chosen 336 listed firms which implemented strategy of divestitures during 2004-2007 as research objectives, using event study on analysis, in order to research listed firms´ market performance on divestiture in China. The result shows that share price increases constantly and firms can gain positive cumulative average abnormal returns in a certain period around the announcement date.
  • Keywords
    financial management; market opportunities; organisational aspects; share prices; cumulative average abnormal returns; empirical analysis; listed firms divestitures; market performance; share price; Companies; Educational institutions; Indexes; Security; Share prices; divestiture; event study; listed firm;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
  • Conference_Location
    Deng Leng
  • Print_ISBN
    978-1-4577-0535-9
  • Type

    conf

  • DOI
    10.1109/AIMSEC.2011.6010935
  • Filename
    6010935
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=3180393