Private equity financing is a primary source of funding for new ventures. However, forfeiting ownership and control may deter entrepreneurs. We show how recapitalizations are viable exit strategies allowing founders to maintain control. In a recapitalization, the private equity interest is...

While precise impact of Brexit on the EU/UK trade and investment agreements with third countries will depend primarily on the terms of the withdrawal agreement to be concluded between them, most scenarios suggest an extensive process of amendment of the text and/or commitments in multilateral...

Much research has been devoted to look for characteristics that drive individuals towards engaging in entrepreneurship. Less attention has been given to the question of what makes people persist in or exit from entrepreneurship. Recent years have seen an increasing focus on entrepreneurial exit...

This paper analysis the possible demand for nature conservation within the Bavarian population. Drawing on the approach of revealed preferences and the mechanism of "vote with their feet" of Tiebout (1956) migration patterns in Bavarian counties are examined in more detail in order to assess the...