000 02573nam a22003975i 4500
001 978-3-8350-5430-1
003 DE-He213
005 20161121231009.0
007 cr nn 008mamaa
008 100301s2007 gw | s |||| 0|eng d
020 _a9783835054301
_9978-3-8350-5430-1
024 7 _a10.1007/978-3-8350-5430-1
_2doi
050 4 _aHG1-HG9999
072 7 _aKFF
_2bicssc
072 7 _aBUS027000
_2bisacsh
082 0 4 _a332
_223
100 1 _aPindur, Daniel.
_eauthor.
245 1 0 _aValue Creation in Successful LBOs
_h[electronic resource] /
_cby Daniel Pindur.
264 1 _aWiesbaden :
_bGabler,
_c2007.
300 _aXXX, 316 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aPreparatory Considerations for Value Creation Analysis in LBOs on Investment Level -- Value Creation Analysis in the Context of the LBO Transaction Model -- Research Model, Derivation of Hypotheses and Operationalization of Variables -- Empirical Analysis -- Conclusion.
520 _aThe LBO phenomenon has recently experienced considerable attention in academic literature; especially wealth effects on the parties involved seem to be at the forefront of interest. However, empirical academic work on ex-post value creation and performance analysis is still in its infancy, predominantly due to the lack of available information on firms that have experienced and completed an LBO. Daniel Pindur analyzes value creation in successful LBOs on investment level conceptually and empirically from an LBO equity investor perspective. Based on the LBO transaction model, the author decomposes total proceeds to LBO equity investors and derives a two-tier framework of an internal and an external perspective, thereby structuring the conceptual discussion of various determinants affecting these components. Founded on a novel database with detailed company- and transaction-specific information for a sample of 42 realized European LBO investments, he then quantifies LBO investment performance measures and their components and identifies the determinants of value creation in LBO investments.
650 0 _aFinance.
650 1 4 _aFinance.
650 2 4 _aFinance, general.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783835008526
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-8350-5430-1
912 _aZDB-2-SBE
950 _aBusiness and Economics (Springer-11643)
999 _c507018
_d507018