Understanding value generation in buyouts

@article{Berg2005UnderstandingVG,
  title={Understanding value generation in buyouts},
  author={Achim Berg and Oliver Gottschalg},
  journal={Journal of Restructuring Finance},
  year={2005},
  volume={02},
  pages={9-37}
}
Buyouts have been described as a specific form of financial acquisition that leads to potentially substantial, but also highly volatile returns to equity investors. Previous research has illustrated a number of mechanisms through which buyouts cause increases or decreases in company value. Besides the traditional mechanisms like improved governance or incentive systems, more innovative and entrepreneurial levers like increasing strategic distinctiveness and mentoring are examined. While it is… Expand
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