Purpose – While secondary buyouts have gained in importance in recent years, specific drivers of value creation of this type of private equity deal are not yet well understood. Through the in-depth analysis of the acquisition of Brenntag by BC Partners, we develop propositions on the value...

The impact of private equity firms on employment in their portfolio companies is a controversial topic widely discussed in academia and in practice in recent years. A large body of research has resulted from this debate. The studies are focused on different aspects of employment and are based on...

This study systematically documents the perceptions of LPs, venture capitalists and entrepreneurs and their views of the trends and challenges facing the European venture capital market. The interest from LPs in European venture capital funds was found to be neutral to marginally negative...

Prior research shows that investor communication reduces information asymmetries between companies and investors. So far, little is known about the role of investor communication in crowdfunding. This paper explores whether and how investor communication can reduce information asymmetries...

Privately-held family businesses are usually characterized by concentrated ownership and the involvement of the family in the management as well as the control of the company. Theories of family control offer arguments both for governance benefits as well as costs due to the family involvement....

Purpose: This papers analyses the case study of UK fashion retailer New Look and focuses on the impact of private equity on corporate governance, employment and leverage after the public-to-private transaction in 2003. Design/methodology/approach: We follow a single case study approach to offer...