A Framework for Examining the Heterogeneous Opportunities of Value Creation in Private Equity Buyouts

Francesco Castellaneta (), Simon Hannus and Mike Wright

Annals of Corporate Governance, 2019, vol. 4, issue 2, 87-146

Abstract: PE firms and buyouts have emerged as a field of significant interest for academic research and attracted the increasing attention of policy makers, public opinion and popular press. In particular, there is a strong debate on how private equity firms create value in buyout investments. Notwithstanding this widespread interest in value creation in private equity, there is a lack of research offering an overall view of the various mechanisms by which value can be created in buyout investments. We contribute to shed new light on this issue by reviewing the body of research on value creation and by proposing an overall framework for mapping the heterogeneous opportunities to create value.

Keywords: firm ownership; corporate finance (search for similar items in EconPapers)
JEL-codes: G30 L26 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://dx.doi.org/10.1561/109.00000019 (application/xml)

Related works:
Working Paper: A Framework for Examining the Heterogeneous Opportunities of Value Creation in Private Equity Buyouts (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:now:jnlacg:109.00000019

Access Statistics for this article

More articles in Annals of Corporate Governance from now publishers
Bibliographic data for series maintained by Lucy Wiseman ().