Privatisation

Leveraged Public to Private Transactions in the UK

Incentives to Innovate and the Decision to Go Public or Private

The Role of Institutional Investors in Public-to-Private Transactions

The Choice Between Various Freeze-out Procedures and its Consequences

We develop a model of freeze-out merger and tender offers and test it in an economy where merger and tender regulation are extremely different. Using a...

Leveraged Buyouts in the U.K. and Continental Europe: Retrospect and Prospect

Freeze-Outs: Transcontinental Analysis and Reform Proposals

Public-to-Private Transactions: LBOs, MBOs, MBIs and IBOs

Government Control of Privatized Firms

We study the change in government control of privatized firms in OECD countries. Results indicate that governments typically transfer ownership...

Regulation of Private Equity - Backed Leveraged Buyout Activity in Europe

Private equity-backed leveraged buyout activity in European markets has risen to unprecedented levels in recent years. This has yielded significant...

All Clear for Takeoff: Evidence from Airports on the Effects of Infrastructure Privatization

Infrastructure assets have undergone substantial privatization in recent decades. How do different types of owners target and manage these assets?...

Why Do Firms Go Dark? Causes and Economic Consequences of Voluntary SEC Deregistrations

Market Liquidity, Investor Participation and Managerial Autonomy: Why do Firms go Private?