Buy-outs in Family Businesses Changes in Corporate Governance, Instruments of Managerial Control, and Financial Practices /

• Main Author: Klöckner, Oliver (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : Gabler, 2009.
• Subjects: Finance.; Public finance.; Economics.; Public Economics.; Finance, general.

In recent years, buy-outs have become an increasingly frequent solution to succession problems in family businesses. Despite a dramatic surge in the number and total volume of these transactions, their consequences for the bought-out companies are yet poorly understood. Considering this background,...

Table of Contents:

• Theoretical foundation
• Empirical foundation
• Background of buy-out transactions
• Changes in corporate governance
• Changes in instruments of managerial control
• Changes in financial practices
• Conclusion, implications and outlook.