Title: Essays on corporate strategy
Description: This dissertation consists of three studies of corporate strategy. Chapter 1 investigates "legacy" divestitures, the sale or spinoff of a company's historical core business. Chapter 2 considers how the combination of business expertiese and share ownership in Fortune 500 directors affects corporate value. Chapter 3 investigates equity analysts' coverage of pending corporate spinoffs, a setting in which analysts' ability to inform investors is potentially very high.
Subjects: Business planning