Asset divestitures and corporate operational returns: an agency theory perspective on Malaysian public-listed companies
Divestitures of property, plant and equipment (PPE) assets are a common form of corporate restructuring. However, divesting companies do not necessarily attain improved post-divestiture shareholder wealth. Studies show company characteristics and use of divestiture proceeds may influence divestitur...
Main Authors: | Janice Lee Ym, Fauzias Mat Nor, Norazlan Alias |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2013-12-01
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Series: | International Journal of Strategic Property Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/IJSPM/article/view/4211 |
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