What drives Management Buyout activity across Europe? A panel data analysis

Daley, Philip (2009) What drives Management Buyout activity across Europe? A panel data analysis. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

This paper investigates the determinants of Management Buy-out and Buy-in activity across Europe from 1998-2007 and uncovers a number of new and exciting findings to the research area. Using panel data analysis, and consistent with existing research, I find that GDP volume and Liquid Stock Markets are important factors in buyout activity. In addition to this, I find that a higher degree of state control, regulation and labour union power has a detrimental effect on buyout activity. On the other hand, a strong legal and technological environment has a major impact on the value and volume of buyout deals.

Item Type: Dissertation (University of Nottingham only)
Keywords: Management Buy Outs, MBO, Management Buy Ins, MBI, Europe, Venture Capital, Private Equity, CMBOR, EVCA
Depositing User: EP, Services
Date Deposited: 03 Feb 2010 13:45
Last Modified: 28 Dec 2017 19:14
URI: https://eprints.nottingham.ac.uk/id/eprint/22755

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