Now showing items 1-5 of 5

  • Incentive effects, monitoring mechanisms and the market for corporate control: an analysis of the factors affecting public to private transactions in the UK. 

    Weir, Charlie; Laing, David; Wright, Mike (Blackwell http://dx.doi.org/10.1111/j.0306-686X.2005.00617.x, 2005-06)
    WEIR, C., LAING, D. and WRIGHT, M., 2005. Incentive effects, monitoring mechanisms and the market for corporate control: an analysis of the factors affecting public to private transactions in the UK. Journal of Business Finance and Accounting, 32 (5-6), pp. 909-943.
    This paper investigates the factors that influence the decision to change the status of a publicly quoted company to that of a private company. We find that firms that go private are more likely to have higher CEO ownership ...
  • Irrevocable commitments, going private and private equity. 

    Wright, Mike; Weir, Charlie; Burrows, Andrew (Wiley http://dx.doi.org/10.1111/j.1468-036X.2007.00382.x, 2007-08-13)
    WRIGHT, M., WEIR, C. and BURROWS, A. 2007. Irrevocable commitments, going private and private equity. European financial management [online], 13(4), pages 757-775. Available from: http://dx.doi.org/10.1111/j.1468-036X.2007.00382.x
    This paper adds to growing interest in public to private buy-outs and mechanisms to ensure bid success. Using a unique, hand-collected dataset of 155 public to private buy-outs we provide one of the first examinations of ...
  • Public to private transactions, private equity and financial health in the UK: an empirical analysis of the impact of going private. 

    Weir, Charlie; Jones, Pete; Wright, Mike (Springer http://dx.doi.org/10.1007/s10997-013-9270-9, 2013-04-21)
    WEIR, C., JONES, P. and WRIGHT, M. 2015. Public to private transactions, private equity and financial health in the UK: an empirical analysis of the impact of going private. Journal of management and governance [online], 19(1), pages 91-112. Available from: http://dx.doi.org/10.1007/s10997-013-9270-9
    Using a hand collected data set of 138 buy-outs, this paper presents the first analysis of the impact effects of public to private transactions (PTPs) in the UK during a period (1998-2004) in which PTPs became a significant ...
  • Public-to-private buy-outs, distress costs and private equity. 

    Weir, Charlie; Wright, Mike; Scholes, Louise (Taylor and Francis http://dx.doi.org.ezproxy.rgu.ac.uk/10.1080/09603100701222283, 2008-06-03)
    WEIR, C., WRIGHT, M. and SCHOLES, L. 2008. Public-to-private buy-outs, distress costs and private equity. Applied financial economics [online], 18(10), pages 801-819. Available from: http://dx.doi.org/10.1080/09603100701222283
    This article extends previous work by testing the financial distress costs hypothesis in the context of the UK, a contract-based distress resolution system, and by considering the role of private equity firms. Using a ...
  • Undervaluation, private information, agency costs and the decision to go private. 

    Weir, Charlie; Laing, David; Wright, Mike (Taylor & Francis http://dx.doi.org/10.1080/09603100500278221, 2005-09)
    WEIR, C.M., LAING, D. and WRIGHT, M., 2005. Undervaluation, private information, agency costs and the decision to go private. Applied Financial Economics, 15 (13), pp. 947-961
    There is widespread anecdotal evidence that poor stock market performance is an important reason for taking a company private. The results support the perceived undervaluation hypothesis. The finding also applies to ...