Andere Kunden interessierten sich auch für
![Erfolgreicher Turnaround mit Private Equity]( "Erfolgreicher Turnaround mit Private Equity")
Erfolgreicher Turnaround mit Private Equity38,00 €![Leveraged Buyouts in Europa: Eine Darstellung und Analyse der zum Einsatz kommenden Finanzierungsstrukturen]( "Leveraged Buyouts in Europa: Eine Darstellung und Analyse der zum Einsatz kommenden Finanzierungsstrukturen")
Leveraged Buyouts in Europa: Eine Darstellung und Analyse der zum Einsatz kommenden Finanzierungsstrukturen39,99 €![Langfristige KMU-Finanzierung in Brasilien]( "Langfristige KMU-Finanzierung in Brasilien")
Langfristige KMU-Finanzierung in Brasilien24,95 €![Value Creation in European Equity Carve-Outs]( "Value Creation in European Equity Carve-Outs")
Value Creation in European Equity Carve-Outs53,49 €![Ageing, Financial Markets and Monetary Policy]( "Ageing, Financial Markets and Monetary Policy")
Ageing, Financial Markets and Monetary Policy125,99 €![Banking, International Capital Flows and Growth in Europe]( "Banking, International Capital Flows and Growth in Europe")
Banking, International Capital Flows and Growth in Europe125,99 €![Threats and Opportunities for European Pharmaceutical Wholesalers in a Changing Healthcare Environment]( "Threats and Opportunities for European Pharmaceutical Wholesalers in a Changing Healthcare Environment")
Threats and Opportunities for European Pharmaceutical Wholesalers in a Changing Healthcare Environment48,00 €
As Buy-Outs became larger and more levered in the mid 2000 s the European Leveraged Finance market experienced a wave of innovations. This research is concentrating on the capitalisation process of leveraged Buy-Outs in Europe, taking the perspective of an equity investor.
We embark on the quest for the optimal capital structure by constructing an integrated model based on traditionalist (irrelevance hypothesis) and modernist (tax, risky debt and costly contracting hypothesis) views. In a second step we review common terms of financing instruments used in European Buy-Outs (ie. Senior debt, Mezzanine, High Yield, Preferred Equity, Equity) in the light of these theoretical insights. Finally the capitalisation process is embedded in a broader framework for value levers in Buy-Out transactions and an outlook on further research is given.
This research provides a solid review of relevant literature on capital structure (eg. Modigliani & Miller, Agency Theory) and can be used as an introduction for the inexperienced reader. The consistent mapping of common financing terms against relevant theoretical hypothesis is unique among related literature.
We embark on the quest for the optimal capital structure by constructing an integrated model based on traditionalist (irrelevance hypothesis) and modernist (tax, risky debt and costly contracting hypothesis) views. In a second step we review common terms of financing instruments used in European Buy-Outs (ie. Senior debt, Mezzanine, High Yield, Preferred Equity, Equity) in the light of these theoretical insights. Finally the capitalisation process is embedded in a broader framework for value levers in Buy-Out transactions and an outlook on further research is given.
This research provides a solid review of relevant literature on capital structure (eg. Modigliani & Miller, Agency Theory) and can be used as an introduction for the inexperienced reader. The consistent mapping of common financing terms against relevant theoretical hypothesis is unique among related literature.