Verlagstext: "...Doch echte Innovation ist mehr als eine Frage technologischen Fortschritts. Innovative Produkte und Services müssen einen wirklichen Nutzen haben. Sie müssen einen echten Mehrwert für Individuum oder Gesellschaft erzeugen." Enthält: Human-Centered Design, These 1: Future...

This dissertation analyzes how asset performance relates to inflation based on 50 countries and 60 years of data. The three key findings are: a nonlinear behavior of bills, bonds, and equities against inflation, the demystification of listed infrastructure as inflation hedge, and, finally, a...

Using a unique proprietary data set of 1,980 realized and unrealized buyouts completed between 1986 and 2010, we examine entry and exit pricing in buyouts and its influence on private equity (PE) sponsors' returns. We find that besides leverage and operational improvements, EBITDA multiple...

We use a proprietary dataset to explore (i) the financial covenant structure and (ii) the determinants of their restrictiveness in leveraged buyouts. With respect to (i) we find that the covenant structure is more standardized in sponsored than in non-sponsored loans: the former show less...