Roderick Martin, Peter D. Casson, and Tahir M. Nisar
- Published in print:
- 2007
- Published Online:
- September 2007
- ISBN:
- 9780199202607
- eISBN:
- 9780191707896
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199202607.003.0005
- Subject:
- Business and Management, Finance, Accounting, and Banking
Private equity funds contribute heavily to the performance of the firms in which they invest beyond the provision of capital. Through detailed examination of seven case studies of private equity ...
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Private equity funds contribute heavily to the performance of the firms in which they invest beyond the provision of capital. Through detailed examination of seven case studies of private equity funds and portfolio companies, this chapter shows how private equity funds provide ‘commercial savvy’ and international connections to the companies in which they invest, as well as sector-specific knowledge. The funds may involve themselves in areas traditionally considered as matters of concern to investors, such as corporate strategy, and in matters normally considered the province of managers, such as innovation and employee skill development.Less
Private equity funds contribute heavily to the performance of the firms in which they invest beyond the provision of capital. Through detailed examination of seven case studies of private equity funds and portfolio companies, this chapter shows how private equity funds provide ‘commercial savvy’ and international connections to the companies in which they invest, as well as sector-specific knowledge. The funds may involve themselves in areas traditionally considered as matters of concern to investors, such as corporate strategy, and in matters normally considered the province of managers, such as innovation and employee skill development.
Lawrence E. Mitchell
- Published in print:
- 2001
- Published Online:
- October 2013
- ISBN:
- 9780300090239
- eISBN:
- 9780300137767
- Item type:
- chapter
- Publisher:
- Yale University Press
- DOI:
- 10.12987/yale/9780300090239.003.0008
- Subject:
- Economics and Finance, Development, Growth, and Environmental
This chapter focuses on institutional stockholders, and reveals that the traditional stockholder has been substantially displaced by institutional stockholders, the massive growth of whom has ...
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This chapter focuses on institutional stockholders, and reveals that the traditional stockholder has been substantially displaced by institutional stockholders, the massive growth of whom has occurred mostly over the past two decades. Mushrooming through the 1980s and 1990s, institutional stock ownership now accounts for 58 percent of all equity of the top 1,000 American corporations. Some corporations have most of their stock held by institutions—85 percent in the case of Coca-Cola. Institutional ownership in the largest 50 companies was 58.2 percent in the third quarter of 1999, with 62.7 percent of Home Depot, 64.4 percent of MCI Worldcom, 61.5 percent of Cisco Systems, and 63 percent of Citigroup controlled by institutional investors. The chapter reveals that institutional ownership was as high as 62.5 percent for the top 101–250 companies.Less
This chapter focuses on institutional stockholders, and reveals that the traditional stockholder has been substantially displaced by institutional stockholders, the massive growth of whom has occurred mostly over the past two decades. Mushrooming through the 1980s and 1990s, institutional stock ownership now accounts for 58 percent of all equity of the top 1,000 American corporations. Some corporations have most of their stock held by institutions—85 percent in the case of Coca-Cola. Institutional ownership in the largest 50 companies was 58.2 percent in the third quarter of 1999, with 62.7 percent of Home Depot, 64.4 percent of MCI Worldcom, 61.5 percent of Cisco Systems, and 63 percent of Citigroup controlled by institutional investors. The chapter reveals that institutional ownership was as high as 62.5 percent for the top 101–250 companies.
Sarah Paterson
- Published in print:
- 2020
- Published Online:
- December 2020
- ISBN:
- 9780198860365
- eISBN:
- 9780191892547
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198860365.003.0006
- Subject:
- Law, Company and Commercial Law
Chapter 6 explores the significance of shifts in the identities of debtor firms, and of the individuals who manage them, for the concept of debtor control rights in Chapter 11. The argument is made ...
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Chapter 6 explores the significance of shifts in the identities of debtor firms, and of the individuals who manage them, for the concept of debtor control rights in Chapter 11. The argument is made that these changes in identities suggest reasons to question the concept of allocation of control rights to the debtor as a means of incentivizing early filing. However, the argument is made that the concept of debtor control rights is important in a different way when the purpose of the case is to deleverage a complex, leveraged capital structure. When the chapter turns to examine England, it reveals that participants in this type of reorganization case have mobilized corporate reorganization law in ways which take account of the new demands of the debtor control concept, but without bringing on board inherited ideas associated with the concept from traditional US corporate reorganization practice.Less
Chapter 6 explores the significance of shifts in the identities of debtor firms, and of the individuals who manage them, for the concept of debtor control rights in Chapter 11. The argument is made that these changes in identities suggest reasons to question the concept of allocation of control rights to the debtor as a means of incentivizing early filing. However, the argument is made that the concept of debtor control rights is important in a different way when the purpose of the case is to deleverage a complex, leveraged capital structure. When the chapter turns to examine England, it reveals that participants in this type of reorganization case have mobilized corporate reorganization law in ways which take account of the new demands of the debtor control concept, but without bringing on board inherited ideas associated with the concept from traditional US corporate reorganization practice.
