41 research outputs found
In-Core Nuclear Fuel Management Optimization for Pressurized Water Reactors Utilizing Simulated Annealing
Regulation of two nickel-requiring (inducible and constitutive) hydrogenases and their coupling to nitrogenase in Methylosinus trichosporium OB3b
Reductive dechlorination of hexachlorobenzene to tri- and dichlorobenzenes in anaerobic sewage sludge
Line-of-Business Disclosures and Spin-Off Announcement Returns
We investigated disclosure decisions by identifying a circumstance, the spin-off of a segment, where the benefits of disclosure should outweigh the costs. We compared the valuation revisions associated with spin-off announcements of firms with previous line of business disclosures to valuation revisions of firms making spin-off announcements without these disclosures. We found significant stock price increases associated with the spin-off announcement regardless of prior segment disclosure history. We also found, however, that the stock price increases were temporary for firms without prior segment disclosures, while the valuation revisions for firms with previous line-of-business disclosure information persisted. Copyright Springer Science + Business Media, Inc. 2005disclosure, divestiture, spin-off, segment, valuation, returns,