This book comprehensively examines the motivations and effects of management buyouts in Japan. Providing a rare view into the Japanese market, this book will be attractive to researchers of corporate finance, mergers and acquisitions, and corporate governance.
Inhaltsverzeichnis
1. Motivations for Going Private: Comparative Analysis of MBOs and Wholly Owned Subsidiaries 2. Heterogeneity of Going Private MBOs: Motivation, Takeover Premium, and Exit 3. With which Companies Do Buyout Funds Engage in MBO? 4. MBO and Performance Improvement 5. MBOs and Accounting Manipulation: Takeover Structures and Discretionary Accruals 6. Fairness Measures and Minority Interests 7. MBOs as a Tool for Corporate Restructuring 8. Sale of Subsidiaries by MBO and Stock Market Valuation 9. End of Chapter MBOs and Japanese Companies
