Resca, Nicolò (A.A. 2019/2020) Are LBO fund's characteristics relevant for the target firm performance? An empirical analysis on the European market. Tesi di Laurea in Advanced corporate finance, Luiss Guido Carli, relatore Raffaele Oriani, pp. 144. [Master's Degree Thesis]

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Abstract/Index

Private equity: introduction, process, partnership structure, and future outlook. Major typologies: venture capital, leveraged buyouts, mezzanine capital, distressed investments. The process. General partners, limited partners, and their relationship. Leveraged buyouts: theoretical background, determinants, and performance. Levers underlying an LBO. Determinants for selecting a target company. The performance: evidence on returns and relevant metrics. Target firms in an LBO context: improvements deriving from the change in ownership. Does private equity create or cut jobs? Employment issues deriving from an LBO. R&D expenses and long-term investments: does private equity kill growth and innovation? Relationship between LBO fund’s characteristics and performance of the target firm: empirical analysis on the European market.

References

Bibliografia: pp. 113-117.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77)
Chair:	Advanced corporate finance
Thesis Supervisor:	Oriani, Raffaele
Thesis Co-Supervisor:	Murro, Pierluigi
Academic Year:	2019/2020
Session:	Autumn
Deposited by:	Alessandro Perfetti
Date Deposited:	03 May 2021 12:48
Last Modified:	03 May 2021 12:48
URI:	https://tesi.luiss.it/id/eprint/29287

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