Showing 1 - 10 of 13
In this paper, we study to what extent French LBOs investment policy and operations can explain their overperformance discrepancy. Our empirical study has been carried out on 132 French LBOs between 1989 and 1994. The results show that the abnormal falling of their economic return cannot be...
Persistent link: https://www.econbiz.de/10005111114
This paper evaluates the extent that French LBO targets' investment policy and operations can account for their overperformance discrepancy. Our empirical study has been carried out on 132 French LBOs between 1989 and 1994. The results show that the abnormal plunge in economic return cannot be...
Persistent link: https://www.econbiz.de/10005111229
This paper investigates the financial characteristics and changes in performance of French companies involved in a … the USA and the UK, the performance of French firms falls after the operation is completed. This downturn in performance …
Persistent link: https://www.econbiz.de/10005111279
French stock-options plans in two contexts (adoption of an incentice performance-based compensation for managers, choice of a …
Persistent link: https://www.econbiz.de/10005111298
Cet article étudie dans quelle mesure la politique d'investissement ainsi que la gestion opérationnelle des firmes françaises reprises dans le cadre d'un leveraged buy-out (LBO) peuvent expliquer la dégradation de leur surperformance après l'opération. L'étude empirique porte sur 132 LBO...
Persistent link: https://www.econbiz.de/10005111317
performance in a real competitive environment with real tasks and real incentives. …
Persistent link: https://www.econbiz.de/10005040817
performance in a real competitive environment with real tasks and real incentives. …
Persistent link: https://www.econbiz.de/10005536941
raise or lower their performance? Behavioral evidence on these important questions is rare. This paper takes a novel … positional concerns and envy reduce individual performance. In contrast, there does not seem to be any tolerance for income …
Persistent link: https://www.econbiz.de/10005536953
raise or lower their performance? Behavioral evidence on these important questions is rare. This paper takes a novel … positional concerns and envy reduce individual performance. In contrast, there does not seem to be any tolerance for income …
Persistent link: https://www.econbiz.de/10005416574
performance in a real competitive environment with real tasks and real incentives. …
Persistent link: https://www.econbiz.de/10005416594