Die vorliegende Arbeit beschäftigt sich mit Earn-out-Strukturen beim Verkauf von Konzerneinheiten an Beteiligungsgesellschaften. Das allgemein weit erörterte wissenschaftliche Feld der Unternehmensbewertung wird dadurch um den Spezialfall der sogenannten Konzern-Sell-offs, den Verkauf von...

Private equity refers to the pooling of funds from investors for investment inprivate companies, as distinguished from publicly traded companies. The termsPrivate Equity and Venture Capital are often used interchangeably. VentureCapital is in fact a subset of Private Equity and refers to...

This study utilizes a sample of private equity backed acquisitions to test whether certain factors, evaluated and quantified on the date of transaction completion, serve as indicators of future transaction bankruptcy. The results of this paper suggest that the effective federal funds rate is...

Private equity firms have recently become a target for both social and environmental activists,who see financial engineering and cost cutting in companies purchased by these firms asdetrimental to the companies and society as a whole. However, the private equity space holds atremendous amount of...

Der vorliegende Beitrag knüpft an die in Potsdam seit 2001 durchgeführte Langzeitstudie an und untersucht die aktuelle Situation auf dem formellen Beteiligungsmarkt in Deutschland nach dem Ausbruch der Finanzkrise. Neben den allgemeinen Gegebenheiten des Marktes werden vor allem die...

International private equity development is highly volatile with increasing global diversification. This thesis examines the transaction patterns of cross-border private equity investment with a particular focus on the affinity of country pairs. Analysis is based on a comprehensive dataset of 99...

Moral Hazard and the Agency Costs thereof have long been accepted arguments in venture finance theory and have therefore long been accepted shortcomings in the venture capitalist / entrepreneur relationship. In psychological experiments ? including economic ? it has been shown that human beings...

The paper deals with the analysis of the private equity and venture capital investment trends and activities in the European market, particularly in the market of Central and Eastern Europe (CEE), in times of financial and economic crises 2007-2009. The analysis is based on data published by the...