Meuleman, Miguel; Amess, Kevin; Wright, Mike - 2008
of the outside managers and the intimate internal
knowledge of the incumbent management. Investor-led buy-outs (IBOs … relate, first, to the
idiosyncratic skills and tacit knowledge of management to identify opportunities for value
creation … (Castanias & Helfat, 2001; Coff, 1999). This knowledge may be present in
existing management or may need to be acquired. Prior …