1.Why might energy price volatility be associated with corporate restructuring? 2. How can changes in regulation affect the rate of restructuring activity? 3. How are event studies used to determine...

1.Why might energy price volatility be associated with corporate restructuring? 2. How can changes in regulation affect the rate of restructuring activity? 3. How are event studies used to determine the wealth effects of restructuring and corporate divestitures? Are asset sales, equity carve-outs, and spin-offs positive NPV projects? 4.What are the wealth gains to (1) sellers and (2) buyers in asset sales? How do these results compare to those for targets and bidders in mergers?