Call For Papers For A Special Issue Of Corporate Governance: An International Review On:'private Equity, Lbos, And Corporate Governance: International Evidence' Submission Deadline: March 1, 2010

摘要

According to the British Venture Capital Association (2007), private equity occurs "when medium to long-term finance is provided in return for an equity stake in potentially high-growth private companies." A leveraged buyout is a specific type of private equity investment, where an individual investor or group of investors purchases all of the outstanding equity of a firm or a division of a company, typically using the assets of the acquired entity as collateral. When incumbent management is involved in this transaction, it is referred to as a management buyout.