Isbn: 9781332256495 - corporate investments in common stock (classic reprint) (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book analyzes the effects of corporate investments in other companies' equity. The author measures the impact of such investments on the stock prices of both acquiring and target firms. The study spans multiple years and examines a range of investment strategies and outcomes, including takeovers, targeted repurchases, third-party acquisitions, and share sales. The author finds that while completed takeovers result in zero net present value for acquiring firms, investments leading to targeted repurchases, share sales, or third-party takeovers yield positive returns. Notably, the author reveals that even targeted repurchases, often viewed negatively, have a positive overall impact on target firm shareholder value. This book provides valuable insights into the complex dynamics of interfirm equity investments and their implications for investors and corporate decision-makers. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…