Motives for and Consequences of Minority Equity Purchases

With a foreword by Prof. Dr. Dirk Schiereck
ISBN: 978-3-8349-2164-2
Verlag: Gabler Verlag

Buch, Deutsch, Band 76, 109 Seiten, Format (B × H): 148 mm x 210 mm, Gewicht: 197 g

Reihe: ebs-Forschung, Schriftenreihe der EUROPEAN BUSINESS SCHOOL Schloß Reichartshausen

Friedel Drees examines the capital markets’ reaction to the announcements of minority equity purchases in Europe and the U.S. and identifies the potential sources of value creation. He shows that company-specific characteristics can have a significant effect on shareholder value.

Zielgruppe

Research

Autoren/Hrsg.

Drees, Friedel

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Finanzierung, Investition, Leasing

Inhaltsverzeichnis

New Outside Blockholders, Performance, and Governance in Germany.- Equity Ownership, Agency Problems and Shareholder Wealth: Understanding the Unique Role of Corporate Block Owners.- Minority Equity Ownership and Value Creation: The Role of Corporate Relatedness.- Concluding Remarks.

Über Autor(innen)

Drees, Friedel
Dr. Friedel Drees earned his doctoral degree from the European Business School Oestrich-Winkel under the supervision of Prof. Dr. Dirk Schiereck. He works as an investment professional for a private equity fund.