Background
McInish, Thomas Howard was born on August 25, 1947 in Birmingham, Alabama, United States. Son of Thomas H. McInish and Mary Francis (Mitcham) Brown.
( Ronald J. Kudla and Thomas H. McInish explore the impli...)
Ronald J. Kudla and Thomas H. McInish explore the implications and advantages of the spin-off, a type of business divestiture which results in a new, separate, publicly held operating company. Using information from in-depth interviews with executives experienced in such divestitures, the authors explain the anticipated benefits to the corporation, as well as to the stockholders of the parent firm. They also explore involuntary spin-offs such as in the recent case of American Telephone and Telegraph--the largest spin-off in history. In successive chapters the authors describe and illustrate the motives for spin-offs, the mechanical aspects, accounting and tax aspects, and the effects of spin-offs on shareholder wealth. Finally, they present four specific case studies of spin-offs.
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McInish, Thomas Howard was born on August 25, 1947 in Birmingham, Alabama, United States. Son of Thomas H. McInish and Mary Francis (Mitcham) Brown.
Bachelor, Birmingham-Southern College, 1968; Master of Arts, American U., 1971; Doctor of Philosophy, U. Pittsburgh, 1978.
Economist, United States Government, Washington, 1968-1969; finance analyst, 1st Birmingham Securities, 1970-1971; finance analyst, Union Camp, Birmingham, 1971-1974; assistant professor business administration, U. Delaware, Newark, 1977-1982; associate professor, University Texas, Arlington, 1982-1986; professor, University Texas, Arlington, 1986-1990; Wunderlich chair of excellence in finance, Memphis State University, since 1990. Board directors, secretary Institute for Study of Security Markets, University Park, Pennsylvania.
( Ronald J. Kudla and Thomas H. McInish explore the impli...)
Member American Finance Association, Finance Management Association, Western Finance Association, Eastern Finance Association M C.