search query: @indexterm Management buy-outs / total: 202
reference: 136 / 202
| Author: | Rhodes, D. W. |
| Title: | When raiders go fishing. |
| Journal: | Journal of Business Strategy
1989 : MAR-APR, VOL. 10:2, p. 48-50 |
| Index terms: | MANAGEMENT BUY-OUTS PERSONNEL MANAGEMENT MANAGEMENT STYLES |
| Language: | eng |
| Abstract: | Raiders are typically seen as individuals without proper concern for the long term - the villains in a no-win game that will sap the economic strength of the nation. Raiders do keep the existing management team in place - chiefly when they acquire a company or a portion of its assets. This may happen when the company is a subsidiary of a poorly managed parent organization. Here the raider identifies a strategy, creates powerful financial incentives for existing management to build business, and watches closely. So, the raider may be the catalyst for the creation of a new kind of hero - the manager who maximizes value for the shareholder. |
SCIMA