Managing Diversified Portfolios What Multi-Business Firms Can Learn from Private Equity /

• Main Author: Klier, Daniel O. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Heidelberg : Physica-Verlag HD : Imprint: Physica, 2009.
• Series: Contributions to Management Science,
• Subjects: Business.; Management science.; Leadership.; Finance.; Business and Management.; Business Strategy/Leadership.; Finance, general.; Business and Management, general.

Two trends recently dominated the corporate landscape: the success of Private Equity as a major force in the market for corporate control and the pressure on diversified companies to refocus. Private Equity firms have experienced unrivaled growth with investments in broadly diversified business port...

Table of Contents:

• Introduction
• Research Motivation
• Research Objective
• Structure of Dissertation
• Diversification in Corporations
• Definition of Diversification
• Overview of Academic Research on Corporate Diversification
• Diversification/Performance
• Managing Diversified Portfolios
• Introduction to the Private Equity Industry and the Role of Diversification
• Overview of the Private Equity Industry
• Profile of the Leveraged Buyout Segment
• Diversification in Private Equity
• Comparison of Private Equity Firms and Diversified Corporations
• General Research Design
• Starting Position in Academic Literature
• Direction of Research
• Empirical Research Design
• Empirical Part I – Diversification/Performance
• Hypotheses
• Methodology
• Empirical Results
• Discussion of Results
• Empirical Part II – Managing Diversified Portfolios
• Exploratory Framework
• Methodology
• Empirical Results
• Discussion
• Conclusion/Outlook
• Implications for Private Equity Managers
• Implications for Investors/Corporate Managers.