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  • © 2020

Asset Sales

Their Role in Restructuring and Financing Firms

  • Addresses the uniqueness of asset sales for both non-financial and financial firms
  • Reviews the literature on asset sales for restructuring and financing firms
  • Presents applications of new digital developments in asset sales

Part of the book series: SpringerBriefs in Finance (BRIEFSFINANCE)

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-vi
  2. Introduction

    • Claudia Curi, Maurizio Murgia
    Pages 1-5
  3. Asset Sales: Markets and Selling Procedures

    • Claudia Curi, Maurizio Murgia
    Pages 7-12
  4. Asset Sales in the Theory of Finance

    • Claudia Curi, Maurizio Murgia
    Pages 13-29
  5. Empirical Perspectives on Asset Sales

    • Claudia Curi, Maurizio Murgia
    Pages 31-64
  6. Empirical Perspectives on Fire Asset Sales

    • Claudia Curi, Maurizio Murgia
    Pages 65-79
  7. Conclusions

    • Claudia Curi, Maurizio Murgia
    Pages 81-84

About this book

In a new world characterized by more frequent and rich flows of information, with more efficient and plenty of available external capital, how will the – simultaneous – investment and divestment decisions be affected? This book thoroughly covers the main features and relevance of asset sales as an integral component of many companies’ growth strategies in the current and continually evolving corporate finance eco-system.

After an introductory section on the relevance of asset sales in corporations (both non-financial and financial), it discusses the corporate asset market and the mechanisms of asset sale transactions. The focus then turns to the theory of finance in asset sales (the efficiency and financing theory) and the extensive empirical literature now available. In light of recent and rapid technological and digital advances, a concluding section presents new perspectives on analyzing asset sales transactions. Chiefly intended as a primer for PhD students and academics, the book offers roadmaps for the empirical research landscape and suggests future research directions.


Authors and Affiliations

  • Faculty of Economics and Management, Free University of Bozen-Bolzano, Bozen-Bolzano, Italy

    Claudia Curi, Maurizio Murgia

About the authors

Claudia Curi is a Senior Assistant Professor of Finance at the Faculty of Economics and Management at the Free University of Bozen-Bolzano (Italy). Prior to joining unibz, she was a research economist at the Central Bank of Luxembourg and a postdoc researcher at the Luxembourg School of Finance. Her research focuses on corporate finance and financial intermediation.

Maurizio Murgia is a Professor of Finance at the Faculty of Economics and Management at the Free University of Bozen-Bolzano (Italy). His has held academic appointments at Cass Business School, City University of London (UK), and the Department of Business at the University of Pavia (Italy). His research focuses on corporate finance and financial markets. 


Bibliographic Information

  • Book Title: Asset Sales

  • Book Subtitle: Their Role in Restructuring and Financing Firms

  • Authors: Claudia Curi, Maurizio Murgia

  • Series Title: SpringerBriefs in Finance

  • DOI: https://doi.org/10.1007/978-3-030-49573-2

  • Publisher: Springer Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020

  • Softcover ISBN: 978-3-030-49572-5Published: 08 August 2020

  • eBook ISBN: 978-3-030-49573-2Published: 07 August 2020

  • Series ISSN: 2193-1720

  • Series E-ISSN: 2193-1739

  • Edition Number: 1

  • Number of Pages: VI, 84

  • Number of Illustrations: 2 b/w illustrations

  • Topics: Business Finance, Capital Markets, Financial Services

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access