Creditor protections and cross-country LBOs
This paper examines the relation between legal conditions and leveraged buyouts (LBOs) in 49 countries. The data indicate that sophisticated PE fund managers carrying out large international LBOs can only partially mitigate costs associated with inefficient legal protections. LBOs are more active in...
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Main Authors: | CAO, Xiaping, Wang, Xiaoming, QIAN, Meijun, Cumming, Douglas |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2005
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/4398 |
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Institution: | Singapore Management University |
Language: | English |
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