Corporate sell off activity has recently attracted considerable attention. The existence of excess returns for selling firm stockholders has been previously reported. This study attempts to identify the source of such gains by analyzing the impact of tax benefits involved in the sell off transaction. It is found that restrictions on transferability of the tax benefits reduce the realizable gains from sell offs. / Ph. D.
| Identifer | oai:union.ndltd.org:VTETD/oai:vtechworks.lib.vt.edu:10919/53665 |
| Date | January 1988 |
| Creators | Abbott, Ashok Bhardwaj |
| Contributors | Finance, Johnson, Dana J., Keown, Arthur J., Billingsley, Randall S., Shome, Dilip K., Kumar, Raman, Birch, Jeffrey B. |
| Publisher | Virginia Polytechnic Institute and State University |
| Source Sets | Virginia Tech Theses and Dissertation |
| Language | en_US |
| Detected Language | English |
| Type | Dissertation, Text |
| Format | iv, 81 leaves ;, application/pdf, application/pdf |
| Rights | In Copyright, http://rightsstatements.org/vocab/InC/1.0/ |
| Relation | OCLC# 19069171 |
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