Warusawitharana, Missaka - Federal Reserve Board (Board of Governors of the … - 2007
.
Prior studies on asset sales by Lang, Poulson, and Stulz (1995) and Bates (2005) analyze much
smaller samples.
Logit … transactions lack the corporate control issues that often arise
in mergers.
There have been relatively few empirical studies on … asset sales. There is
much less work on what determines asset purchases and sales. These studies include Maksimovic
and …