Now showing items 1-3 of 3
The Influence of Leveraged Buyouts on Target Firms’ Competitors
This paper analyzes the influence Leveraged Buyouts (LBOs) have on the operating performance of the LBO target companies’ direct competitors. A unique and hand-collected data set on LBOs in the United States in the period ...
Taking the Lead: When Non-Banks Arrange Syndicated Loans
In the mid-1990s, institutional investors entered the syndicated loan market and started to serve borrowers as lead arrangers. Why are non-banks able to compete for this role against banks? How do the composition of ...
Non-Mandatory Say on Pay Votes and AGM Participation: Evidence from Germany
Since August 2009, German legislation allows for voluntary Say on Pay Votes (SoPV) during Annual General Meetings (AGMs). We examine 1,169 AGMs of all German listed firms with more than 10,000 agenda items over the period ...