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Definition: Corporate spin-off
Category: SNA
A corporate spin-off occurs when the divested part of a corporation is floated on the stock exchange. The newly floated corporation is separately valued on the stock exchange and is an independent corporation. The shares in the newly listed corporation are distributed to the shareholders of the parent corporations who thereafter own shares in two corporations rather than one (§ 21.24). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf
Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
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