search query: @author Jo, H. / total: 8
reference: 6 / 8
Author: | Bae, S.C. Jo, H. |
Title: | Consolidating corporate control: divisional versus whole-company leveraged buyouts |
Journal: | Journal of Financial Research
2002 : SUMMER, VOL. 25:2, p. 247-262 |
Index terms: | COMPANY CONTROL GEARING |
Freeterms: | BUYOUTS |
Language: | eng |
Abstract: | The authors examine the empirical relation between firm characteristics and the likelihood of choosing a restructuring choice between two types of leveraged buyouts: a whole-company leveraged buyout (WLBO) and a divisional leveraged buyout (DLBO). The findings suggest that firm characteristics such as volatility of cash flow and/or greater future growth potential are more likely to adopt a DLBO than a WLBO as their restructuring choice. |
SCIMA