1.

Record Nr.

UNINA9910427060403321

Autore

Curi Claudia

Titolo

Asset Sales : Their Role in Restructuring and Financing Firms / / by Claudia Curi, Maurizio Murgia

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2020

ISBN

3-030-49573-6

Edizione

[1st ed. 2020.]

Descrizione fisica

1 online resource (88 pages) : illustrations

Collana

SpringerBriefs in Finance, , 2193-1720

Disciplina

658.155

Soggetti

Business enterprises—Finance

Capital market

Bank marketing

Business Finance

Capital Markets

Financial Services

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

In a new world characterized by more frequent and richer flows of information, with plenty of available external capital, how will the – simultaneous – investment and divestment decisions be affected? This book discusses in detail the main features and relevance of asset sales as an integral component of many companies’ growth strategies in the current, continually evolving corporate finance eco-system. After an introductory section on the relevance of asset sales in corporations (both non-financial and financial), it examines the corporate asset market and the mechanisms of asset sale transactions. The book then focuses on the theory of finance in asset sales (the efficiency and financing theory) and the extensive empirical literature now available. In light of recent and rapid technological and digital advances, the last section presents new perspectives on analyzing asset sales transactions. Chiefly intended as a primer for PhD students and academics, the book offers a road map of the empirical research landscape and suggests future research directions.