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Social and Behavioral Sciences Commons

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Full-Text Articles in Social and Behavioral Sciences

Corporate Divestitures And Spinoffs In Singapore, Francis Koh, Winston T. H. Koh, Benedict S. K. Koh Mar 2012

Corporate Divestitures And Spinoffs In Singapore, Francis Koh, Winston T. H. Koh, Benedict S. K. Koh

Francis Koh

This paper discusses the different forms of corporate divestitures, the motives for this corporate activity, and the empirical findings about their economic outcomes. A sample of corporate divestitures is also used to identify the main motivations in the Singapore context. We conclude that divestitures are carried out to achieve operational efficiency and gain incremental profitability and liquidity. Using share price data around the event-dates, we show that announcements of divestitures generally lead to significant increases in the returns of the parent company. The positive abnormal returns are related to the relative size of the divestitures and the computed accounting gains. …


Marketing Timing Abilities Of Investment Managers In Singapore, Francis Koh, Kok Fai Phoon, C. H. Tan Mar 2012

Marketing Timing Abilities Of Investment Managers In Singapore, Francis Koh, Kok Fai Phoon, C. H. Tan

Francis Koh

No abstract provided.


Singapore Airlines: Price Effects Of Restriction On Foreign Ownership, Swee Sum Lam, Francis Koh, Yuen Kin Chia Mar 2012

Singapore Airlines: Price Effects Of Restriction On Foreign Ownership, Swee Sum Lam, Francis Koh, Yuen Kin Chia

Francis Koh

No abstract provided.


The Risk And Price Performance Of New Equity Issues In Singapore, Francis Koh, Simon Tee Mar 2012

The Risk And Price Performance Of New Equity Issues In Singapore, Francis Koh, Simon Tee

Francis Koh

No abstract provided.


The Growth Of Singapore Companies, Francis Koh, W. Kwok Mar 2012

The Growth Of Singapore Companies, Francis Koh, W. Kwok

Francis Koh

No abstract provided.


Initial Public Offerings: Underpricing, Allocation Process And Subscription Rate Of Government-Linked Companies, Francis Koh, Joseph Lim, P. Tham Mar 2012

Initial Public Offerings: Underpricing, Allocation Process And Subscription Rate Of Government-Linked Companies, Francis Koh, Joseph Lim, P. Tham

Francis Koh

No abstract provided.


Capital Structure Behaviour Of Firms In Singapore: An Empirical Analysis, Francis Koh, Kok Fai Phoon Mar 2012

Capital Structure Behaviour Of Firms In Singapore: An Empirical Analysis, Francis Koh, Kok Fai Phoon

Francis Koh

No abstract provided.


Empirical Analysis Of The Investor Sentiment Explanation Of Discounts In Closed-End Funds, Francis Koh, Kok Fai Phoon, R. Oh Mar 2012

Empirical Analysis Of The Investor Sentiment Explanation Of Discounts In Closed-End Funds, Francis Koh, Kok Fai Phoon, R. Oh

Francis Koh

No abstract provided.


Investing In Hedge Funds: Risks, Returns And Performance, Francis Koh, Winston T. H. Koh, David K. C. Lee, K. F. Phoon Mar 2012

Investing In Hedge Funds: Risks, Returns And Performance, Francis Koh, Winston T. H. Koh, David K. C. Lee, K. F. Phoon

Francis Koh

No abstract provided.


Initial Public Offerings: A Test Of Market Sentiments, Francis Koh, Young Sain, Joseph Lim, P. Tham Mar 2012

Initial Public Offerings: A Test Of Market Sentiments, Francis Koh, Young Sain, Joseph Lim, P. Tham

Francis Koh

No abstract provided.