Spin-Offs, Divestitures, and Conglomerate Investment

By Gonul Colak, Toni M. Whited. 2007

175 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/97739b80815cbe81ea944401251dd0f48bd3fcaa

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Citations in the corpus

Cycles in the IPO market (2008, background): “This endogeneity will create major bias problems when one runs multivariate regressions (see Colak and Whited (2005) for an example).”
Cash Flow Sensitivities and the Allocation of Internal Cash Flow (2014, unknown): “See, among others, Whited (2001, 2006), Hennessey (2004), Colak and Whited (2007), and Riddick and Whited (2009). uses, we document that substitution of external financing is the most important single use of transitory cash flow and that financially more constrained firms allocate more out of…”
Productivity, Restructuring, And The Gains From Takeovers (2013, unknown): “In a critique of the literature of investment efficiency after corporate spin-offs, Colak and Whited (2007) show firms that choose to spin-off and divest are larger, more diversified, and subject to more serious problems of asymmetric information.”
Self-Selection Models in Corporate Finance (2005, unknown): “C = E ≡ Ziγ + δ(YE,i − YNE,i) + ηi > 0 (20) C = NE ≡ Ziγ + δ(YE,i − YNE,i) + ηi ≤ 0 (21) YE,i = XiβE + E,i (22) YNE,i = XiβNE + NE,i (23)”
The effects of stock liquidity on firm value and corporate governance: Endogeneity and the REIT experiment (2015, methodology): “Estimating the Treatment Effect: Difference-in-Differences Estimation We follow the econometric technique to obtain a consistent estimate of the treatment effect (Colak and Whited, 2007; Roberts and Whited, 2012), which has been used in economics to study the effects of regulations and policies.”