Divestment Options under Tacit and Incomplete Information
(2018)
Journal Article
Ma, Q., & Wang, S. (2018). Divestment Options under Tacit and Incomplete Information. Pacific-Basin Finance Journal, 49, 15-29. https://doi.org/10.1016/j.pacfin.2018.03.001
While the literature has mainly focused on why a firm decides to divest a subsidiary, we investigate theoretically what the best divestment option is for a firm to divest a subsidiary. The firm chooses among the four most popular divestment options i... Read More about Divestment Options under Tacit and Incomplete Information.