1. Miles, J. A. and Rosenfeld, J. D. (1983): The Effect of Voluntary Spin-off Announcements on Shareholder Wealth, The Journal of Finance, Vol.

XXXVIII, No.5, Pages : 1597-1606.

Link : http://bbs.cenet.org.cn/uploadimages/200462219135 045452.pdf

2. Schipper, K. and Smith, A. (1983): Effects of Recontracting on Shareholder Wealth : The Case of Voluntary Spin-offs, Journal of Financial Economics, Pages : 437-467.

Link: https://faculty.fuqua.duke.edu/~charlesw/s591/Readi ngs/Class05_ Spinoffs/schipper_spinoffs_jfe83.pdf

3. Michaely, R. and Shaw, W.H (1995): The Choice of Going Public : Spin-Offs Vs. Carve-outs, Financial Management, Vol.24, No.3, Autumn 1995, Pages : 5-21.

Link : http://forum.johnson.cornell.edu/faculty/michaely/Th e%20Choice

%20of%20Going%20Public.pdf

4. Krishnaswami, S. and Subramaniam, V. (1999): Information Asymmetry, Valuation and the Corporate Spin-off Decision, Journal of Financial Economics, Pages : 73-112.

Link: http://leedsfaculty.colorado.edu/bhagat/InfoAsymmetrySpinoff.p df
Pg.137 5. Shastri, K. and Coughenour, J. F. (1999): Spin-offs, Spreads and Information Asymmetry.

Link:ftp://ns1.ystp.ac.ir/YSTP/1/1/ROOT/DATA/PDF/un classified/BCSF MA99.PDF

6. Kelly, S.T. (2002): Corporate Divestiture Gain as Value-Creator., Financial Executive, Dec 2002, Vol. 18, Issue : 9, Pages : 40-42.

Link : http://www.emeraldinsight.com/bibliographic_databa ses.htm?id =1372295

7. Durand, R.B., Woodliff, D. and Richards, O. (2003): Spin-Offs in Australia, Accounting Research Journal, Vol. 16, No. 2 (2003), Pages : 90-101.

Link : http://repository.uwa.edu.au/R/FJ3U146VKDB9VKESJ A75Q4NBY J11VIUY2R96M2IRNJ9RSQ5AU801389?func=results-full

8. Kirchmaier, T. ( 2003 ): The Performance Effects of European Demergers, Centre for Economic Performance, London School of Economics and Political Science, ISBN : 0753016265, Pages : 1-37.

Link : http://eprints.lse.ac.uk/20047/1/The_Performance_Eff ects_of_

European_Demergers.pdf
Pg.138 9. Muller, M. (2003): Disaggregation : Which way to choose?, ICFAI Reader Demerger, Pages : 37-42.

10. Mustafayev, Y. (2003): Risk Parameter shifts : The case of Spin-offs, A Thesis in The John Molson School of Business, Pages : 1 - 62.

Link : http://spectrum.library.concordia.ca/2376/1/MQ9109 3.pdf

11. Dittmar, A. (2004): Capital Structure in Corporate Spin-offs., The Journal of Business, January 2004, Vol. 77, Pages : 9-43.

Link : http://webuser.bus.umich.edu/adittmar/Research/JB_ 2004.pdf

12. Jongbloed, A. (2004): Spin-Offs : Implications for Corporate Policies, Tijdschrift Voor Economie en Management, Vol. XLIX, 4, 2004, Pages : 569 - 588.

Link: https://lirias.kuleuven.be/bitstream/123456789/85622 /1/TEM_404_03_JONGBLOED.pdf

13. Veld, C. and Veld - Merkoulova, Y.V (2004): Do Spin-Offs really create value ? The European case, Journal of Banking & Finance, 28 (2004), Pages : 1111 - 1135.

Link: http://pendientedemigracion.ucm.es/info/jmas/docto r/veld.pdf

Pg.139

14. Colak, G. and Whited, T.M. ( 2006 ): Spin-Offs, Divestitures and Conglomerate Investment , Oxford University Press, Pages : 1-55.

Link : http://gonulcolak.org/uploads/ColakWhited_RFS.pdf

15. Mallick,A.K. and Rakshit,D. (2006): Corporate Restructuring through Demerger : A Case Study , Finance India, Vol. XX, No. 4, December 2006, Pages : 1321-1338.

Link : http://xerxes.calstate.edu/pomona/articles/record?id= FETCHproquest_abstracts_566672081

16. Tutkielma, M.T. and Lehtonnen, T. (2008): Value creation from Corporate Divestitures : Evidence from European Spin - offs over1994-2006, Helsinki School of Economics, Pages : 6-56.

Link : https://aaltodoc.aalto.fi/bitstream/handle/123456789 /149/hse _ethesis_12017.pdf?sequence=1

17. Singh, R. and Bhowal, A. (2009): Impact of Demerger on Shareholdes Wealth, Enterprise Risk Management, ISSN : 1937-7916, 2009, Vol.1, No. 1: E4, Pages : 44 59.

Link : http://www.macrothink.org/journal/index.php/erm/art icle/view

/64/40
Pg.140

18. Rakshit,D. and Ghosh, S.(2010): Demerger : Sailing with the Global Wind., NSHM Journal of Management Research and Application, Volume: 2, Number 1, Pages : 22-31.

19. Thomasson,O. and Janusonis, A. (2012):Managing a Demerger Process: A Case Study of a Corporate Divorce , University of Gothenburg, Master Degree Project No. 2012:11, Pages : 1-66.

Link : https://gupea.ub.gu.se/bitstream/2077/29688/1/gupe a_2077_ 29688_1.pdf

20. Panda, B. and Rao, P.H. (2012): Corporate Restructuring : Demerging Impact, SCMS Journal of Indian Management, Vol. IX, No. 1, JanuaryMarch, 2012, Pages : 80-87.

Link: http://www.scmsgroup.org/scmsjim/pdf/2012/SCMS %20Journal

%20of%20Indian%20Management%20January%20%20March%2020 12%20Issue.pdf

21. Ghosh, T. P. : Accounting Standards and Corporate Accounting Practices , 8th Edition, Volume. 2, Taxmann Allied Services (P.) Ltd.

22. Kar R. N. : Mergers, Acquisitions and Corporate Restructuring , 1st Edition, International Book House Pvt. Ltd.

Pg.141 23. Das, B. , Rakshit, D. and Debasish, S. S. : Corporate Restructuring :Merger, Acquisition and Other Forms, 2nd Edition, Himalaya Publishing House.

24. Bombay Stock Exchange.

Link :

http://www.bseindia.com Link : http://www.rbi.org.in

25. Reserve Bank of India.

Pg.142