Keywords: Divestment
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Journal Articles
International Journal of Managerial Finance (2009) 5 (4): 376–390.
Published: 25 September 2009
...; thus, changes in the allocational efficiency (ΔAE) assessed over subsequent years may not be linked reliably to short‐term market reactions. It is therefore necessary to use a long‐term measure to fully assess the economic impact of internal capital‐market efficiency. Divestment Business...

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