The Coinsurance Effect of Corporate Diversification

An Empirical Analysis of the Accounting and Economic Implications

Paperback Engels 2017 9783658193737
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

Dominik Nußmann comprehensively analyzes the coinsurance effect of corporate diversification by first providing a structured review of all relevant findings presented in the financial economics and accounting literature. Based on this review, he examines important accounting and economic implications of the coinsurance effect by means of two comprehensive empirical analyses. In particular, he finds that diversified firms benefit from coinsurance through financial as well as accounting synergies which entail considerable value-enhancing potentials.

Specificaties

ISBN13:9783658193737
Taal:Engels
Bindwijze:paperback
Uitgever:Springer Fachmedien Wiesbaden

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Inhoudsopgave

<p>The Firm Characteristic of Corporate Diversification.- Corporate Diversification and Earnings Quality.- Implication for the Excess Value of Corporate Diversification.</p><p></p>

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        The Coinsurance Effect of Corporate Diversification