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The current paper studies the financial structure in buyout firms under moral hazard due to unobservable efforts and an excessive risk-taking.The choice of the exit route may lead to agency conflicts between the entrepreneur and the LBO firm: the former may take very risky decisions to increase...
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The article covers the "end to end" management of M&A projects for strategic buyers with special focus on business integration and business reengineering, beginning with the strategic "case definition" and ending with the finalization of the integration. Different characters of work, change of...
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