Critics claim that short-term profit orientation and high deal price strategies of private equity (PE) firms can negatively affect the ability of management buyouts to initiate and sustain entrepreneurial management. This study investigates this claim by comparing effects of majority PE backed...

Financial theory, resource-based theory and access to deal flow are used to explain syndication practices among European venture capital (VC) firms. The desire to share risk and increase portfolio diversification is a more important motive for syndication than the desire to access additional...

This book presents up-to-date evidence on the issues facing financiers and intermediaries involved in venture capital and management buy-outs. It provides a comprehensive review of existing literature and an analysis of international trends in market development as well as a global comparison of...

Various options are considered to reduce CO2 emissions when utilizing deep coal by applying underground coal gasification (UCG), i.e., in combination with carbonation of synthetic minerals (CaO), conventional UCG followed by ex-situ separation of CO2 and upgrading the product gas using naturally...

This paper provides a comparative examination of the consequences of leveraged buyouts (LBOs) and corporate takeovers on employment growth and wage growth. Employing both difference‐in‐differences combined with propensity score matching and the control function approach, we find evidence...

<title/> This paper compares the approaches to investee valuation and sources of information used by venture capital investors in the US, Hong Kong, India and Singapore. The results identify significant differences in respect of the use of asset valuation, earnings before interest, depreciation and...

<title/> This paper analyses investment practices in the private equity markets of transitioning economies in Central and Eastern Europe (CEE). Using a proprietary set of survey data and non-parametric tests, the study compares findings for the Czech Republic, Hungary and Poland to those for the more...