Most of the existing research on value creation drivers in private equity buyouts is restricted
to the US and the UK In addition, most of the generally applied methods for measuring the …

Private equity is invested mostly in established firms, of which family businesses are the
dominant form. Under the pecking order hypothesis, private equity is a finance of last resort. …

The authors use proprietary loan contracts and financial information negotiated between
banks and private equity sponsors to explore the financial covenant structure and the …

This paper extends research in the field of private equity investments in family firms. It
contributes to the literature by fundamentally analyzing the decision criteria of family firm owners …

This study examines the relationship between the reputation of a private equity group and the
financing structures used in leveraged buyouts within the context of the German leveraged …

Financial covenants play a crucial role in mitigating agency conflicts in loan agreements of
high leverage. In a European-wide qualitative survey among private equity experts, we …

We apply control rights theory to explain the structure and determinants of financial covenants
in private equity backed leveraged buyouts. We analyze 130 German transactions from …

We apply control rights theory to explain the structure and determinants of financial covenants
in private equity backed leveraged buyouts. We analyze 130 German transactions from …

Nach der ausgiebigen öffentlichen Diskussion über „die Heuschrecken “überrascht es nicht:
Viele Familienunternehmer und Politiker haben erhebliche Vorbehalte und Vorurteile …

Fund-of-fund investments in private equity are becoming increasingly popular due to their
potential to diversify across several private equity funds. However, due to the illiquidity and …