MANAGEMENT BUY-OUT

• Authors: Filipczuk T.
• Languages of publication: PL

Abstracts

EN

The paper is devoted to one of the techniques of taking control over companies, namely MBO, Management Buy-Out. The target of buy-outs are most often the companies which are either inefficiently managed or do not make use of their market and production potentials.The managers, who so far have managed the company, often take a risky and difficult decision to take control over their company expecting a higher than the average return from the engaged capitals. This is possible to achieve as a result of the improvement in the operational efficiency of a purchased company, better allocation of capitals in the assets, reducing conflicts between management and shareholders and using their economic leverage, which enables the company to use the effect of a tax shelter.

Keywords

EN

MANAGEMENT BUY-OUT (MBO) TECHNIQUE

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Oficyna Wydawnicza Uczelni Łazarskiego
• Journal: Myśl Ekonomiczna i Prawna
• Year: 2006
• Issue: 3(14)
• Pages: 55-82
• Document type: ARTICLE

Contributors

author

Filipczuk T.

• T. Filipczuk, c/o Wyzsza Szkola Przedsiebiorczosci i Zarzadzania im. L. Kozminskiego, ul. Jagiellonska 59, 03-301 Warszawa, Poland

Identifiers

CEJSH db identifier

06PLAAAA01723722