2Hite,Owers,Rogers.The market for inter-firm as-set sales:Partial sell-offs and total Liquidations. The Journal of Finance . 1987
3Haynes M,Thompson S,Wright M.The determi-nants of corporate divestment:Evidence from a panel ofUK firms. Journal Economic Behavior and Organi-zation . 2003
4Cho MH,Cohen AA.Economic cause and consequenceof corporate divesture. Managerial and Decision E-conomics . 1997
5Jensen MC,Meckling WH.The theory of firm: Managerial behavior, agency costs and ownership structure. The Journal of Finance . 1976
6Boudreaux KJ.Divestiture and Share Price. Journal ofFinancial and Quantitative Analysis . 1975
2ALEXANDER G J, BENSON P G,KAMPEYER J M. 1984. Investigating the valuation effects of announcements of voluntary corporate sell-offs [J]. Journal of Finance,39(2) :503 -517.
3ANSOFF H I. 1958. A model for diversification [J]. Management Science, 4 (4) : 392 -414.
4BELSEY D A, KUH E, WELSCH R E. 1980. Regression diagnostics: identifying influential data and sources of collinearity [M]. New York, NY: John Wiley & Sons.
5BERGH D D. 1995. Size and relatedness of units sold: an agency theory and resource-based perspective [J]. Strategic Management Journal, 16(3) :221 -239.
6BETHEL J E, LIEBESKIND J D. 1993. The effects of ownership structure on corporate restructuring [J]. Strategic Management Journal, 14 (4) :15 -32.
7CAMPBELL A, SADTLER D. 1998. Corporate breakups [J]. Strategy & Business, 12(Third Quarter) :64 -73.
8ClIO M H, COHEN M A. 1997. The economic causes and consequences of corporate divestitures [J]. Masnagerial and Decision Economics, 18(5) :367 -374.
9COYNE J E, WRIGHT M. 1986. Divestment and strategie change [M]. Oxford: Phillip Allan.
10DENIS D J, DENIS D K. 1995. Performance chang following top management dismissals [J]. The Journal of Finance,50(4) :1029 - 1057.
