Asset Liquidity and Segment Divestitures
收藏NBER2000-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7873
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资源简介：
We investigate a sample of firms whose number of reported segments falls by one or more for the first time in their reporting history. The firms in our sample have a significantly larger diversification discount, underperform, and underinvest relative to comparable firms. Firms are more likely to
提供机构：
美国国家经济研究局
创建时间：
2000-09-01
