Why Do Companies Go Private and Use LBOs ?
碩士 === 中興大學 === 財務金融系所 === 95 === This study investigates the driving forces behind going private and their impacts on the tendency to take LBOs. Companies with high Tobin’s Q and low cash flow tend to remain in the public markets, which only weakly supports the free-cash-flow hypothesis. Furthermor...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2007
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Online Access: | http://ndltd.ncl.edu.tw/handle/25989460962223588782 |