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  • All HBS Web  (10)
    • Research  (4)
  • Faculty Publications  (3)

Show Results For

  • All HBS Web  (10)
    • Research  (4)
  • Faculty Publications  (3)
Page 1 of 10 Results
  • 17 Jun 2010
  • Working Paper Summaries

When Do Analysts Add Value? Evidence from Corporate Spinoffs

Keywords: by Emilie Rose Feldman, Stuart C. Gilson & Belén Villalonga
  • Web

Courses by Title - Course Catalog

Organizational Behavior Lynn Paine Spring 2026 Q3Q4 3.0 Crafting Your Life: The First 10 Years Post MBA Organizational Behavior Leslie Perlow Fall 2025 Q1Q2 3.0 Creating Brand Value Marketing Julian de Freitas Spring 2026 Q3 1.5 Creating Value Through Corporate... View Details
  • Web

Courses by Faculty Unit - Course Catalog

Q1Q2 3.0 Finance Course Title Faculty Name Term Quarter Credits Corporate Finance: Corporate Financial Operations (CFO) C. Fritz Foley Fall 2025 Q1Q2 3.0 Creating Value Through Corporate Restructuring Stuart... View Details
  • Web

Courses by Faculty - Course Catalog

Entrepreneurial Management Spring 2026 Q3Q4 3.0 Navigating Your Worth: AI, Negotiations, and the Nature of Expertise Entrepreneurial Management Spring 2026 Q3Q4 3.0 Stuart C. View Details
  • Web

Courses by Faculty Unit - Course Catalog

Q1Q2 3.0 Finance Course Title Faculty Name Term Quarter Credits Corporate Finance: Corporate Financial Operations (CFO) C. Fritz Foley Fall 2025 Q1Q2 3.0 Creating Value Through Corporate Restructuring Stuart... View Details
  • 15 Jan 2013
  • First Look

First Look: January 15

http://wber.oxfordjournals.org/content/early/2012/12/09/wber.lhs031.short?rss=1 Do Analysts Add Value When They Most Can? Evidence from Corporate Spinoffs Authors:Feldman, Emilie R., Stuart View Details
Keywords: Sean Silverthorne
  • October 2014
  • Article

Do Analysts Add Value When They Most Can? Evidence from Corporate Spinoffs

By: Emilie Feldman, Stuart C. Gilson and Belen Villalonga
This paper investigates how securities analysts help investors understand the value of diversification. By studying the research that analysts produce about companies that have announced corporate spinoffs, we gain unique insights into how analysts portray diversified... View Details
Keywords: Analysts; Spin-offs; Diversification Discount; Information Asymmetry; Value Creation; Business Subsidiaries; Diversification; Corporate Strategy; Investment
Citation
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Feldman, Emilie, Stuart C. Gilson, and Belen Villalonga. "Do Analysts Add Value When They Most Can? Evidence from Corporate Spinoffs." Strategic Management Journal 35, no. 10 (October 2014): 1446–1463. (Winner, "Distinguished Paper Award," 2012 Academy of Management Meetings (Business Policy & Strategy Division.))
  • Web

Finance Awards & Honors - Faculty & Research

the HBS African American Student Union and the African American Alumni Association for contributions to the Harvard community and the summer venture in management program (SVMP). Stuart C. View Details
  • 2010
  • Working Paper

When Do Analysts Add Value? Evidence from Corporate Spinoffs

By: Emilie Rose Feldman, Stuart Gilson and Belen Villalonga
We investigate the information content and forecast accuracy of 1,793 analyst reports written around 62 spinoffs—a setting in which analysts' ability to inform investors is potentially very high. We find that analysts pay little attention to subsidiaries about to be... View Details
Keywords: Earnings Management; Mergers and Acquisitions; Business Subsidiaries; Restructuring; Forecasting and Prediction; Insolvency and Bankruptcy; Initial Public Offering; Price; Reports; Research
Citation
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Related
Feldman, Emilie Rose, Stuart Gilson, and Belen Villalonga. "When Do Analysts Add Value? Evidence from Corporate Spinoffs." Harvard Business School Working Paper, No. 10-102, May 2010.
  • Web

Print View - Course Catalog

Organizational Behavior Lynn Paine Spring 2026 Q3Q4 3.0 Crafting Your Life: The First 10 Years Post MBA Organizational Behavior Leslie Perlow Fall 2025 Q1Q2 3.0 Creating Brand Value Marketing Julian de Freitas Spring 2026 Q3 1.5 Creating Value Through Corporate... View Details
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