期刊全稱 | Buy-outs in Family Businesses | 期刊簡稱 | Changes in Corporate | 影響因子2023 | Oliver Kl?ckner | 視頻video | http://file.papertrans.cn/193/192546/192546.mp4 | 學(xué)科分類 | Entrepreneurial and Financial Studies | 圖書封面 |  | 影響因子 | In 2005, a fierce discussion raged over the question whether private equity companies make money by firing people or whether they really create value. Dr. Oliver Kl?ckner and I conducted the most comprehensive study on this topic by that time. Despite data restrictions, we concluded that despite job cuts in some companies financed by private equity, the general effect on employment was positive, net of all losses. Employment growth was particularly dynamic in bought-out family businesses and exceeded growth in all other types of companies backed by private equity companies. When presenting that study to politicians, media, and fellow scholars, we were repeatedly asked for an explanation for this exceptionally strong job creation in family businesses – a question we were unfortunately not able to answer back then. Against this background, Dr. Kl?ckner started his research project which resulted in this thesis. He inquired into the consequences of buy-outs in family businesses. In this thesis, he develops a comprehensive framework of analysis and bases his theoretical discussion on the comparison of the major theories for family businesses and private equity financed companies. In a | Pindex | Book 2009 |
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