Abstract
This article discusses global buyouts. It tries to explain the international differences in buyout markets across countries, but is not concerned with the performance and investment strategies on the fund level. The first section takes a look at the buyout activity of different countries, and then it forms a relationship between buyouts, the institutional environment, and the quality of corporate governance. The following section reviews the present empirical evidence of buyout strategies that are pursued in various geographical regions. Finally, this article tries to relate the findings to the institutional environments.
| Original language | English |
|---|---|
| Title of host publication | The Oxford Handbook of Private Equity |
| Editors | Douglas Cumming |
| Publisher | Oxford University Press |
| Chapter | 23 |
| Pages | 639-666 |
| ISBN (Electronic) | 9780199940813 |
| ISBN (Print) | 9780195391589 |
| DOIs | |
| Publication status | Published - 18 Sept 2012 |
| Externally published | Yes |
Keywords
- Buyout activity
- Buyout markets
- Buyout strategies
- Corporate governance
- Global buyouts
- Institutional environment
- International differences