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intense vertical competition there is a further mechanism at work due to retailers' delisting decisions. Given that retailers … have to make room for their store brands at the point of sale, they have to readjust their assortments delisting some … manufacturer brands. Retailers would like delisting strong brands given that the retailer's margin on these brands is lower. The …
Persistent link: https://www.econbiz.de/10005525230
the drawbacks of being delisted from such indexes? This paper aims to determine the impact of such a delisting on firm … results reveal a negative relationship between firm performance and a delisting. This relationship is explained in terms of …
Persistent link: https://www.econbiz.de/10011267024
of her/his status as a founder decreases the probability of delisting, whereas her/his status as the board's sole insider … and concentration of the title in the hands of the CEO increases the likelihood of delisting. Moreover, the results …
Persistent link: https://www.econbiz.de/10011116370
did not move up to the MB were at a small risk of delisting due to long term suspension or liquidation, but the great …
Persistent link: https://www.econbiz.de/10011117759
certain earnings performance criteria to qualify for rights issue or avoid delisting. These regulatory criteria create …
Persistent link: https://www.econbiz.de/10011117766
Borrowing a measure from ecology, we introduce a spatial dispersion index to quantify the firm traits related to firm geographic location and investigate firm exposure to local home bias and local investor risk tolerance as determinants of corporate market value. Consistent with the investor...
Persistent link: https://www.econbiz.de/10011209862
In recent years, a large number of companies on the Italian stock market have been delisted. Several of these companies implemented a “Hit and Run” strategy, choosing to go private only a few years after their IPO. In this study, we focus specifically on all Italian companies listed for less...
Persistent link: https://www.econbiz.de/10011242042
, regarding delisting in an international context (Anglo-Saxon countries and Continental Europe). We provide a review of the … growing research on delisting based on the distinction between voluntary and involuntary delistings. For voluntary delistings … characteristics of these firms. Next, we focus on involuntary delistings: why do firms undergo a delisting (violation of stock …
Persistent link: https://www.econbiz.de/10010736419
The aim of this study is to analyze the determinants of delisting decisions on the Alternative Investment Market (AIM … firm makes a delisting decision. The advantage of the Cox proportional hazard model over other techniques is that it models … the expected time to failure. In this study, failure is the delisting decision. Our findings show that the higher the …
Persistent link: https://www.econbiz.de/10010891152
In recent years there has been a dramatic increase in delistings from stock exchanges in the US and Europe, and this trend has been partly attributed to increasing administrative costs in listed companies. Has corporate governance regulation gone too far? We examine delistings from European...
Persistent link: https://www.econbiz.de/10010989423