This paper addresses the problem to assess the effect of leverage on the cost of capital for
buyout performance analyses. It draws on a unique and proprietary set of data on 133 US …

This paper measures the risk-adjusted performance of US buyouts. It draws on a unique and
proprietary set of data on 133 US buyouts between 1984 and 2004. For each of them we …

Using a unique proprietary data set of 460 realized buyouts completed between 1990 and
2005, we examine the risk appetite of private equity (PE) sponsors in different states of the …

Purpose This paper aims to explore the reasons why the USA makes a good comparator for
the UK when it comes to corporate governance. Design/methodology/approach The paper is …

This dissertation analyzes value creation and its determinants in private equity. The key
findings are: Overall value creation in leveraged buyouts has drastically declined over the …

This article reexamines the performance of private equity (PE) funds by including data from
more recent PE vintages and by using a measure of PE performance that considers the …

Over the last two decades, default rates and market risk have increased substantially. A
consequence of the growing global interlacing is a strong dependence between both …

Under the conditions of macroeconomic instability and the difficulty of forecasting trends in
the market development, a competitive recovery of the electric power business is possible …

Over the last two decades, default rates as well as market risks have increased substantially.
Furthermore, a consequence of the growing global interlacing is a strong dependence …

В условиях современной российской экономики реализация сделок слияний и
поглощений является одним из наиболее перспективных способов расширения …