Private equity minority investments :: an attractive financing alternative for family firms /
Annotation
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Hamburg :
Diplomica Verlag GmbH,
2015.
|
| Schriftenreihe: | Reihe alternative investments ;
Bd. 10. |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Annotation |
| Beschreibung: | 1 online resource. |
| Bibliographie: | Includes bibliographical references. |
| ISBN: | 9783959341219 3959341210 3959346212 9783959346214 |
Internformat
MARC
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|---|---|---|---|
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| 100 | 1 | |a Franke, Alexander M., |e author. | |
| 245 | 1 | 0 | |a Private equity minority investments : |b an attractive financing alternative for family firms / |c Alexander M. Franke. |
| 264 | 1 | |a Hamburg : |b Diplomica Verlag GmbH, |c 2015. | |
| 300 | |a 1 online resource. | ||
| 336 | |a text |b txt |2 rdacontent | ||
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| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a Reihe alternative investments ; |v Bd. 10 | |
| 504 | |a Includes bibliographical references. | ||
| 588 | 0 | |a Online resource; title from PDF title page (EBSCO, viewed July 7, 2016). | |
| 520 | 8 | |a Annotation |b Private equity minority investments have become an increasingly attractive financing alternative for family firms. However, admitting a private equity investor as a minority shareholder seems to contradict with the objective of the owner family to preserve their continuous and unlimited influence on the businesses since they must at least partially cede control over the firm to the private equity investor. Therefore, the purpose of this book is to identify the primary decision drivers for family firm entrepreneurs in seeking private equity financing despite the therein related partial loss of control. By giving special consideration to the potential cooperation mechanisms between the shareholders, this book goes beyond the scope of previous studies. Cooperation is thereby considered as a prerequisite for the success of minority investments because due to its minority position, the private equity investor is not able to implement its value creation strategy against the will of the family firm entrepreneur. | |
| 505 | 0 | |a Private Equity Minority Investments: An Attractive Financing Alternative for Family Firms -- Vorwort -- Vorwort von Prof. Dr. Christoph Schalast -- Abstract -- Table of Contents -- List of Abbreviations -- List of Tables -- List of Figures -- 1 Introduction -- 1.1 Relevance of the topic and motivation -- 1.2 Research questions -- 1.3 Research approach -- 1.4 Structure of the thesis -- 2 Theoretical Part -- 2.1 Definitions -- 2.1.1 Family firms -- 2.1.2 Private equity investors -- 2.1.3 Private equity minority investments -- 2.2 Literature review -- 2.2.1 Potential benefits of private equity investments -- 2.2.2 Resource deficits of family firms -- 2.2.3 Reasons for family firms to demand private equity financing -- 2.3 Expectations for the empirical part -- 3 Empirical Foundations -- 3.1 Development of the research questions -- 3.2 Methodology -- 3.2.1 Research method -- 3.2.2 Development of interview guidelines -- 3.2.3 Interview process -- 3.3 Sample characteristics -- 4 Empirical Part -- 4.1 Individual case study analysis -- 4.1.1 Case A: Capital injection in times of crisis -- 4.1.2 Case B: Paving the way toward an IPO -- 4.1.3 Case C: Solving family issues -- 4.1.4 Case D: Sharing risk and diversifying family wealth -- 4.1.5 Case E: Accelerating growth -- 4.1.6 Case F: Increasing company value -- 4.1.7 Case G: Replacement of a departing shareholder -- 4.1.8 Case H: Strengthening the capital base -- 4.1.9 Case I: Redeeming silent participations and expanding business -- 4.1.10 Case J: Solving succession problems -- 4.2 Comprehensive case study analysis -- 4.2.1 Reasons for demanding private equity minority investments -- 4.2.2 The role of non-financial benefits -- 4.2.3 Cooperation mechanisms -- 5 Conclusion -- 5.1 Major findings -- 5.2 Lessons learned -- 5.3 Limitations and implications for future research -- References. | |
| 505 | 8 | |a Appendix A: Cover Letters -- Appendix B: Interview Guidelines. | |
| 650 | 0 | |a Private equity. |0 http://id.loc.gov/authorities/subjects/sh2001009216 | |
| 650 | 0 | |a Investments. |0 http://id.loc.gov/authorities/subjects/sh85067715 | |
| 650 | 0 | |a Capital investments. |0 http://id.loc.gov/authorities/subjects/sh85019939 | |
| 650 | 0 | |a Family-owned business enterprises. |0 http://id.loc.gov/authorities/subjects/sh88005930 | |
| 650 | 2 | |a Investments |0 https://id.nlm.nih.gov/mesh/D007449 | |
| 650 | 2 | |a Capital Financing |0 https://id.nlm.nih.gov/mesh/D002202 | |
| 650 | 6 | |a Capital-investissement. | |
| 650 | 6 | |a Investissements. | |
| 650 | 6 | |a Investissements de capitaux. | |
| 650 | 6 | |a Entreprises familiales. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Finance. |2 bisacsh | |
| 650 | 7 | |a Capital investments |2 fast | |
| 650 | 7 | |a Family-owned business enterprises |2 fast | |
| 650 | 7 | |a Investments |2 fast | |
| 650 | 7 | |a Private equity |2 fast | |
| 776 | 0 | 8 | |i Print version: |a Franke, Alexander M. |t Private equity minority investments : an attractive financing alternative for family firms. |d Hamburg, [Germany] : Diplomica Verlag, ©2015 |h 90 pages |k Reihe Alternative Investments ; Band 10 |z 9783959346214 |
| 830 | 0 | |a Reihe alternative investments ; |v Bd. 10. | |
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Datensatz im Suchindex
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|---|---|
| _version_ | 1816796920932204545 |
| adam_text | |
| any_adam_object | |
| author | Franke, Alexander M. |
| author_facet | Franke, Alexander M. |
| author_role | aut |
| author_sort | Franke, Alexander M. |
| author_variant | a m f am amf |
| building | Verbundindex |
| bvnumber | localFWS |
| callnumber-first | H - Social Science |
| callnumber-label | HG4751 |
| callnumber-raw | HG4751 |
| callnumber-search | HG4751 |
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| contents | Private Equity Minority Investments: An Attractive Financing Alternative for Family Firms -- Vorwort -- Vorwort von Prof. Dr. Christoph Schalast -- Abstract -- Table of Contents -- List of Abbreviations -- List of Tables -- List of Figures -- 1 Introduction -- 1.1 Relevance of the topic and motivation -- 1.2 Research questions -- 1.3 Research approach -- 1.4 Structure of the thesis -- 2 Theoretical Part -- 2.1 Definitions -- 2.1.1 Family firms -- 2.1.2 Private equity investors -- 2.1.3 Private equity minority investments -- 2.2 Literature review -- 2.2.1 Potential benefits of private equity investments -- 2.2.2 Resource deficits of family firms -- 2.2.3 Reasons for family firms to demand private equity financing -- 2.3 Expectations for the empirical part -- 3 Empirical Foundations -- 3.1 Development of the research questions -- 3.2 Methodology -- 3.2.1 Research method -- 3.2.2 Development of interview guidelines -- 3.2.3 Interview process -- 3.3 Sample characteristics -- 4 Empirical Part -- 4.1 Individual case study analysis -- 4.1.1 Case A: Capital injection in times of crisis -- 4.1.2 Case B: Paving the way toward an IPO -- 4.1.3 Case C: Solving family issues -- 4.1.4 Case D: Sharing risk and diversifying family wealth -- 4.1.5 Case E: Accelerating growth -- 4.1.6 Case F: Increasing company value -- 4.1.7 Case G: Replacement of a departing shareholder -- 4.1.8 Case H: Strengthening the capital base -- 4.1.9 Case I: Redeeming silent participations and expanding business -- 4.1.10 Case J: Solving succession problems -- 4.2 Comprehensive case study analysis -- 4.2.1 Reasons for demanding private equity minority investments -- 4.2.2 The role of non-financial benefits -- 4.2.3 Cooperation mechanisms -- 5 Conclusion -- 5.1 Major findings -- 5.2 Lessons learned -- 5.3 Limitations and implications for future research -- References. Appendix A: Cover Letters -- Appendix B: Interview Guidelines. |
| ctrlnum | (OCoLC)931535084 |
| dewey-full | 332.63 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.63 |
| dewey-search | 332.63 |
| dewey-sort | 3332.63 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| id | ZDB-4-EBU-ocn931535084 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-26T14:49:21Z |
| institution | BVB |
| isbn | 9783959341219 3959341210 3959346212 9783959346214 |
| language | English |
| oclc_num | 931535084 |
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| series | Reihe alternative investments ; |
| series2 | Reihe alternative investments ; |
| spelling | Franke, Alexander M., author. Private equity minority investments : an attractive financing alternative for family firms / Alexander M. Franke. Hamburg : Diplomica Verlag GmbH, 2015. 1 online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier Reihe alternative investments ; Bd. 10 Includes bibliographical references. Online resource; title from PDF title page (EBSCO, viewed July 7, 2016). Annotation Private equity minority investments have become an increasingly attractive financing alternative for family firms. However, admitting a private equity investor as a minority shareholder seems to contradict with the objective of the owner family to preserve their continuous and unlimited influence on the businesses since they must at least partially cede control over the firm to the private equity investor. Therefore, the purpose of this book is to identify the primary decision drivers for family firm entrepreneurs in seeking private equity financing despite the therein related partial loss of control. By giving special consideration to the potential cooperation mechanisms between the shareholders, this book goes beyond the scope of previous studies. Cooperation is thereby considered as a prerequisite for the success of minority investments because due to its minority position, the private equity investor is not able to implement its value creation strategy against the will of the family firm entrepreneur. Private Equity Minority Investments: An Attractive Financing Alternative for Family Firms -- Vorwort -- Vorwort von Prof. Dr. Christoph Schalast -- Abstract -- Table of Contents -- List of Abbreviations -- List of Tables -- List of Figures -- 1 Introduction -- 1.1 Relevance of the topic and motivation -- 1.2 Research questions -- 1.3 Research approach -- 1.4 Structure of the thesis -- 2 Theoretical Part -- 2.1 Definitions -- 2.1.1 Family firms -- 2.1.2 Private equity investors -- 2.1.3 Private equity minority investments -- 2.2 Literature review -- 2.2.1 Potential benefits of private equity investments -- 2.2.2 Resource deficits of family firms -- 2.2.3 Reasons for family firms to demand private equity financing -- 2.3 Expectations for the empirical part -- 3 Empirical Foundations -- 3.1 Development of the research questions -- 3.2 Methodology -- 3.2.1 Research method -- 3.2.2 Development of interview guidelines -- 3.2.3 Interview process -- 3.3 Sample characteristics -- 4 Empirical Part -- 4.1 Individual case study analysis -- 4.1.1 Case A: Capital injection in times of crisis -- 4.1.2 Case B: Paving the way toward an IPO -- 4.1.3 Case C: Solving family issues -- 4.1.4 Case D: Sharing risk and diversifying family wealth -- 4.1.5 Case E: Accelerating growth -- 4.1.6 Case F: Increasing company value -- 4.1.7 Case G: Replacement of a departing shareholder -- 4.1.8 Case H: Strengthening the capital base -- 4.1.9 Case I: Redeeming silent participations and expanding business -- 4.1.10 Case J: Solving succession problems -- 4.2 Comprehensive case study analysis -- 4.2.1 Reasons for demanding private equity minority investments -- 4.2.2 The role of non-financial benefits -- 4.2.3 Cooperation mechanisms -- 5 Conclusion -- 5.1 Major findings -- 5.2 Lessons learned -- 5.3 Limitations and implications for future research -- References. Appendix A: Cover Letters -- Appendix B: Interview Guidelines. Private equity. http://id.loc.gov/authorities/subjects/sh2001009216 Investments. http://id.loc.gov/authorities/subjects/sh85067715 Capital investments. http://id.loc.gov/authorities/subjects/sh85019939 Family-owned business enterprises. http://id.loc.gov/authorities/subjects/sh88005930 Investments https://id.nlm.nih.gov/mesh/D007449 Capital Financing https://id.nlm.nih.gov/mesh/D002202 Capital-investissement. Investissements. Investissements de capitaux. Entreprises familiales. BUSINESS & ECONOMICS Finance. bisacsh Capital investments fast Family-owned business enterprises fast Investments fast Private equity fast Print version: Franke, Alexander M. Private equity minority investments : an attractive financing alternative for family firms. Hamburg, [Germany] : Diplomica Verlag, ©2015 90 pages Reihe Alternative Investments ; Band 10 9783959346214 Reihe alternative investments ; Bd. 10. FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1090361 Volltext |
| spellingShingle | Franke, Alexander M. Private equity minority investments : an attractive financing alternative for family firms / Reihe alternative investments ; Private Equity Minority Investments: An Attractive Financing Alternative for Family Firms -- Vorwort -- Vorwort von Prof. Dr. Christoph Schalast -- Abstract -- Table of Contents -- List of Abbreviations -- List of Tables -- List of Figures -- 1 Introduction -- 1.1 Relevance of the topic and motivation -- 1.2 Research questions -- 1.3 Research approach -- 1.4 Structure of the thesis -- 2 Theoretical Part -- 2.1 Definitions -- 2.1.1 Family firms -- 2.1.2 Private equity investors -- 2.1.3 Private equity minority investments -- 2.2 Literature review -- 2.2.1 Potential benefits of private equity investments -- 2.2.2 Resource deficits of family firms -- 2.2.3 Reasons for family firms to demand private equity financing -- 2.3 Expectations for the empirical part -- 3 Empirical Foundations -- 3.1 Development of the research questions -- 3.2 Methodology -- 3.2.1 Research method -- 3.2.2 Development of interview guidelines -- 3.2.3 Interview process -- 3.3 Sample characteristics -- 4 Empirical Part -- 4.1 Individual case study analysis -- 4.1.1 Case A: Capital injection in times of crisis -- 4.1.2 Case B: Paving the way toward an IPO -- 4.1.3 Case C: Solving family issues -- 4.1.4 Case D: Sharing risk and diversifying family wealth -- 4.1.5 Case E: Accelerating growth -- 4.1.6 Case F: Increasing company value -- 4.1.7 Case G: Replacement of a departing shareholder -- 4.1.8 Case H: Strengthening the capital base -- 4.1.9 Case I: Redeeming silent participations and expanding business -- 4.1.10 Case J: Solving succession problems -- 4.2 Comprehensive case study analysis -- 4.2.1 Reasons for demanding private equity minority investments -- 4.2.2 The role of non-financial benefits -- 4.2.3 Cooperation mechanisms -- 5 Conclusion -- 5.1 Major findings -- 5.2 Lessons learned -- 5.3 Limitations and implications for future research -- References. Appendix A: Cover Letters -- Appendix B: Interview Guidelines. Private equity. http://id.loc.gov/authorities/subjects/sh2001009216 Investments. http://id.loc.gov/authorities/subjects/sh85067715 Capital investments. http://id.loc.gov/authorities/subjects/sh85019939 Family-owned business enterprises. http://id.loc.gov/authorities/subjects/sh88005930 Investments https://id.nlm.nih.gov/mesh/D007449 Capital Financing https://id.nlm.nih.gov/mesh/D002202 Capital-investissement. Investissements. Investissements de capitaux. Entreprises familiales. BUSINESS & ECONOMICS Finance. bisacsh Capital investments fast Family-owned business enterprises fast Investments fast Private equity fast |
| subject_GND | http://id.loc.gov/authorities/subjects/sh2001009216 http://id.loc.gov/authorities/subjects/sh85067715 http://id.loc.gov/authorities/subjects/sh85019939 http://id.loc.gov/authorities/subjects/sh88005930 https://id.nlm.nih.gov/mesh/D007449 https://id.nlm.nih.gov/mesh/D002202 |
| title | Private equity minority investments : an attractive financing alternative for family firms / |
| title_auth | Private equity minority investments : an attractive financing alternative for family firms / |
| title_exact_search | Private equity minority investments : an attractive financing alternative for family firms / |
| title_full | Private equity minority investments : an attractive financing alternative for family firms / Alexander M. Franke. |
| title_fullStr | Private equity minority investments : an attractive financing alternative for family firms / Alexander M. Franke. |
| title_full_unstemmed | Private equity minority investments : an attractive financing alternative for family firms / Alexander M. Franke. |
| title_short | Private equity minority investments : |
| title_sort | private equity minority investments an attractive financing alternative for family firms |
| title_sub | an attractive financing alternative for family firms / |
| topic | Private equity. http://id.loc.gov/authorities/subjects/sh2001009216 Investments. http://id.loc.gov/authorities/subjects/sh85067715 Capital investments. http://id.loc.gov/authorities/subjects/sh85019939 Family-owned business enterprises. http://id.loc.gov/authorities/subjects/sh88005930 Investments https://id.nlm.nih.gov/mesh/D007449 Capital Financing https://id.nlm.nih.gov/mesh/D002202 Capital-investissement. Investissements. Investissements de capitaux. Entreprises familiales. BUSINESS & ECONOMICS Finance. bisacsh Capital investments fast Family-owned business enterprises fast Investments fast Private equity fast |
| topic_facet | Private equity. Investments. Capital investments. Family-owned business enterprises. Investments Capital Financing Capital-investissement. Investissements. Investissements de capitaux. Entreprises familiales. BUSINESS & ECONOMICS Finance. Capital investments Family-owned business enterprises Private equity |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1090361 |
| work_keys_str_mv | AT frankealexanderm privateequityminorityinvestmentsanattractivefinancingalternativeforfamilyfirms |