Buyouts, especially leveraged buyouts, have been perceived historically as on organizational efficiency tool to streamline organizational processes, reduce workforces, and decrease unit costs. This efficiency approach has been especially useful with mature firms, where the structure of debt and...

This paper assesses whether job insecurity is higher in leveraged buyouts (LBOs) than elsewhere. It draws on matched employer-employee data from the British 2011 Workplace Employment Relations Study linked to data from the Centre for Management Buyout Research. The analysis finds no consistent...

Universities and research centres have long been used to study management issues. A growing body of research has focused on how science can be effectively commercialized, emphasizing technology-commercialization activities, university-industry collaborations, and academic entrepreneurship. While...

The lowest volumes of potential additional demand for equity funding seem to be in Wales (£0.16 - £0.3bn), the North East (£0.1bn - £0.17bn) and Northern Ireland (£0.06bn - £0.16bn).In relative terms, the highest relative demand for additional equity funding in relation to the actual stock...

We examine the impact of private equity (PE) directors and their human capital on operating performance in a unique hand collected sample of 200 secondary management buyouts (SMBOs) during 2000-2015. We show that PE directors' human capital tends to play statistically and economically important...

In line with Jensen’s predictions, private equity (PE) industry has grown remarkably and become a global phenomenon. More recently, academic literature examines a sharp drop in number of listed firms and the role of PE firms in the possible demise of public corporations. Rather...

This paper studies the international investment behavior of private equity (PE) firms. Perspectives from international service management are integrated with human capital and network theory to test the value of international human capital and international network relationships. Using a sample...

This report investigates family businesses in the UK and focuses on their incidence, industrial and geographical context and their governance and performance relative to non-family businesses. The sample includes near population UK data for the period 2007 to 2009 of privately held incorporated...