Value gain from corporate reorganization
In the absence of taxes and transactions costs, there can be no benefit to corporate reorganization from a financial standpoint, but ‘real world’ limitations and frictions do provide additional value that is gained through divestitures in terms of focus and financial flexibility. Herein, the corpor...
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| Format: | Others |
| Language: | en en |
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2007
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| Online Access: | http://hdl.handle.net/1974/642 |