Post-LBO development
Post-LBO development
Analysis of Changes in Strategy, Operations, and Performance after the Exit from Leveraged Buyouts in Germany
Von:Richard K. Lenz
Inhalt
Richard K. Lenz analyses how LBOs evolve after the financial investors have exited. Based on three case studies of former LBOs in Germany, he shows that performance decline is often related to the weakening of the former performance-enhancing series of governance instruments.