Private equity, leveraged buyouts, and corporate governance
Wright, Michael ; Siegel, Donald ; Meuleman, Miguel ; Amess, Kevin
Wright, Michael
Siegel, Donald
Meuleman, Miguel
Amess, Kevin
Citations
Altmetric:
Publication Type
Book Chapter
Supervisor
Publication Year
2013
Journal
Book
The Oxford Handbook of Corporate Governance
Publication Volume
Publication Issue
Publication Begin page
Publication End page
Publication NUmber of pages
Collections
Abstract
This chapter takes a look at private equity, which usually refers to the funding of leveraged buyouts (LBOs) of well-known firms. It aims to improve the understanding of private equity and LBOs by reviewing a theory related to private equity and the evidence of its impact. This review includes a number of articles in entrepreneurship, finance, strategy, economics, and human resource management. It first summarizes the theoretical perspectives related to why private equity governance may have positive or negative effects on economic, social, and financial performance. It then reviews important empirical evidence from studies during the first and second waves.
Research Projects
Organizational Units
Journal Issue
Keywords
Private Equity, Leveraged Buyouts, Theoretical Perspectives, Private Equity Governance, Empirical Evidence