Value Creation in Successful LBOs, Prof. Dr. Frank Richter; Daniel Pindur

Автор: Richard K. Lenz
Название: Post-LBO development
ISBN: 3834921637 ISBN-13(EAN): 9783834921635
Издательство: Springer
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Цена: 83850.00 T
Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Private Equity and leveraged buyouts have become common in Europe, including in particular Germany. They are a catalyst for corporate restructuring and growth. Over time, financial investors have started to exit their investments. The development of some former LBOs raises the question whether the financial investors traded lo- term growth against short-term cash flow and expropriated value. Financial investors are further accused of reducing employment, cutting salaries, offshoring production, and leaving companies financially instable. Researchers have questioned the sustainability of performance improvement and tested changes in performance indicators. The findings confirm that the financial performance of former LBOs declines. The decline occurs with a time lag, but research fails to explain in detail its determinants of this decline. In particular, the decline seems to be caused by increase strategy diversification, the recurrence of inefficiencies and reduced management focus on efficiency. These observations are limited to companies that exit through a public offering, not through a trade sale. This study seeks to enhance completeness and precision of research into the post-exit period. Given the secrecy of the industry, no empirical data has been gathered that in detail analyses how the way the LBOs are supervised and managed changes at the exit. Research on the subsequent changes in strategy and operations is sparse and limited to those companies pursuing a public offering. A greater understanding of the source of performance development requires further plowing through major corporate activities.

Автор: Marinova
Название: Value Creation in International Business
ISBN: 3319393685 ISBN-13(EAN): 9783319393681
Издательство: Springer
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Цена: 130430.00 T
Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The edited collection brings into focus the meanings, interpretations and the process of value creation in international business. Exploring value creation in the context of emerging and developed economies, Volume 2 takes the perspective of small and medium sized enterprises and examines various approaches to value creation in the process of firm internationalization. Providing theoretical and practical insights, the authors open an intellectual debate into what value is, and how it is created through the internationalization activities of firms. Value Creation in International Business is a pioneering two volume work intended to provoke theoretical and empirical development in International Business research. Moreover, it is intended as a bridge between concepts derived from general business firm-level research agendas such as value creation and business model, and internationalization approaches and activities of firms.

Автор: Malkiel Burton G.
Название: A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
ISBN: 0393352242 ISBN-13(EAN): 9780393352245
Издательство: Wiley
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Цена: 15830.00 T
Наличие на складе: Невозможна поставка.
Описание: The best investment guide money can buy, with more than 1.5 million copies sold, now fuly revised and updated.

Автор: James Altucher
Название: Trade Like a Hedge Fund: 20 Successful Uncorrelated Strategies & Techniques to Winning Profits
ISBN: 0471484857 ISBN-13(EAN): 9780471484851
Издательство: Wiley
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Цена: 68640.00 T
Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Hedge funds and hedge fund trading strategies have long been popular among the financial community because of their flexibility, aggressiveness, and creativity toward the markets. Trade Like a Hedge Fund capitalises on the phenomenon by bringing fresh and practical ideas to the trading table.

Автор: Schaus
Название: Successful Defined Contribution Investment Design: How to Align Target-Date, Core and Income Strateg ies to the PRICE of Retirement
ISBN: 1119298563 ISBN-13(EAN): 9781119298564
Издательство: Wiley
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Цена: 52800.00 T
Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Start-to-finish guidance toward building and implementing a robust DC plan Successful Defined Contribution Investment Design offers a comprehensive guidebook for fiduciaries tasked with structuring and implementing a 401(k) or other defined contribution (DC) pension plan.