ABSTRACT

Management Buyouts (MBOs) first came to prominence in the US during the early 1980s, and have subsequently become a global phenomenon and a highly significant transaction within the corporate restructuring landscape

Although much recent attention has focused on private equity (PE) backed buyouts, these are only a subset of the total MBO market. The Routledge Companion to Management Buyouts takes a much broader definition, reviewing the current state of research and theory and where further developments are likely to occur and incorporating PE and non-PE backed buyouts, as well as variations such as management buy-ins and management-employee buyouts. It goes beyond the purely financial perspective, exploring the many different aspects of management buyouts and incorporating related disciplines including strategy, organizational change, and HRM providing the first truly comprehensive authoritative resource on the topic.

Expertly edited, and drawing on international scholarship, this unique volume will be an invaluable sourcebook on MBOs for researchers and advanced students as well as those interested in the broader areas of corporate restructuring and ownership change.

 

chapter 1|26 pages

Management Buyouts

An introduction and overview

part I|1 pages

Historical, legal, and regulatory issues

chapter 2|11 pages

A Brief History of Private Equity 1

Edited ByGilligan John

chapter 3|11 pages

Management Buyouts

The history of an organizational innovation
Edited ByToms Steven

chapter 5|13 pages

Policy, Regulation, and Private Equity

A rich research agenda?

part II|1 pages

Vendor sources

chapter 8|26 pages

“My Children Do Not Want the Firm”

Private equity as a succession option in family businesses A review and future directions

chapter 9|14 pages

Buyouts of Family Firms

Company metamorphosis and the family management dyad

chapter 10|13 pages

Buyouts From Failure

chapter 11|13 pages

Just Another Business

Private equity in health services

chapter 12|12 pages

The Chinese Style Management Buyouts

part III|1 pages

Financing, structuring, and private equity firms

chapter 16|32 pages

Private Equity in Emerging Economies

Which markets are sufficiently mature?

chapter 17|12 pages

Private Equity Investment in Entrepreneurial Companies

Selection & performance

chapter 18|24 pages

Hedge Funds and Private Equity

Features, diversity, and regulations

part IV|1 pages

Post-MBO firm behavior

chapter 20|16 pages

Buyouts and Investment

chapter 23|15 pages

The Political Economy of Finance-Led Capitalism

Connecting financialization, private equity, and employment outcomes

chapter 24|16 pages

Hrm Practices

part V|1 pages

Performance and life cycle