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Investment bank role in corporate restructuring

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Date Issued:
2012
Summary:
In essay 1 (Investment bank role in acquisition of private targets), using a sample of private targets from January 1992 to December 2010, I find that special information asymmetry when bidders prusue private targets alters the factors used by bidders and targets to decide whether to hire an investment bank.... It appears that the investment bank has a significant impact on the outcome of the acquisition of a private target. In essay 2 (Investment bank role in asset sell-off transactions), I also find that special information asymmetry when a buyer pursues divested assets alters the factors used by the buyer and seller to decide whether to hire an investment bank. ...I find that when the seller empoloys an investment bank, the increase in unsystematic and total risk of the buyer is greater than in cases when the seller does not use an investment bank.
Title: Investment bank role in corporate restructuring.
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Name(s): Cao, Kien.
College of Business
Department of Finance
Type of Resource: text
Genre: Electronic Thesis Or Dissertation
Issuance: monographic
Date Issued: 2012
Publisher: Florida Atlantic University
Physical Form: electronic
Extent: xiv,163 p. : ill.
Language(s): English
Summary: In essay 1 (Investment bank role in acquisition of private targets), using a sample of private targets from January 1992 to December 2010, I find that special information asymmetry when bidders prusue private targets alters the factors used by bidders and targets to decide whether to hire an investment bank.... It appears that the investment bank has a significant impact on the outcome of the acquisition of a private target. In essay 2 (Investment bank role in asset sell-off transactions), I also find that special information asymmetry when a buyer pursues divested assets alters the factors used by the buyer and seller to decide whether to hire an investment bank. ...I find that when the seller empoloys an investment bank, the increase in unsystematic and total risk of the buyer is greater than in cases when the seller does not use an investment bank.
Identifier: 837324688 (oclc), 3359289 (digitool), FADT3359289 (IID), fau:4069 (fedora)
Note(s): by Kien Cao.
Thesis (Ph.D.)--Florida Atlantic University, 2012.
Includes bibliography.
Mode of access: World Wide Web.
System requirements: Adobe Reader.
Subject(s): Banks and banking
Consolidation and merger of corporations
Corporate reorganizations
Reengineering (Management)
Held by: FBoU FAUER
Persistent Link to This Record: http://purl.flvc.org/FAU/3359289
Use and Reproduction: http://rightsstatements.org/vocab/InC/1.0/
Host Institution: FAU