Corporate governance and responsible investment in private equity / (Record no. 13819)
[ view plain ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 02610cam a22002418i 4500 |
| INTERNATIONAL STANDARD BOOK NUMBER | |
| ISBN | 9781108641838 |
| DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | K1116 .W58 2022 |
| MAIN ENTRY--AUTHOR NAME | |
| Personal name | Witney, Simon R, |
| TITLE STATEMENT | |
| Title | Corporate governance and responsible investment in private equity / |
| Statement of responsibility, etc | Simon R. Witney, London School of Economics and Political Science. |
| Copyright Date | |
| Place of publication | Cambridge, United Kingdom; |
| -- | New York, NY : |
| Name of publisher | Cambridge University Press, |
| Year of publication or production | 2021. |
| PHYSICAL DESCRIPTION | |
| Number of Pages | xi,228 pages |
| SERIES STATEMENT | |
| Series statement | International corporate law and financial market regulation |
| FORMATTED CONTENTS NOTE | |
| Formatted contents note | Mapping an analytical framework -- Private ordering in private equity and its implications -- Agency cost mitigation -- Improving decision-making and protecting wider interests -- The relevance of business judgement regulation -- Dealing with the duties to avoid and disclose conflicts of interest -- Rules affecting the exercise of power by shareholders and their nominated directors -- Recent corporate governance reforms, best practice codes and their impact -- How do academics explain private equity outperformance? -- Improving governance to improve performance -- Conclusion : Corporate governance and responsible investment. |
| SUMMARY, ETC. | |
| Summary, etc | "Private equity investors are an integral part of the financial ecosystem, and they play an important role in the governance of businesses of all sizes across the real economy. As active owners, the governance processes they put in place are not widely understood, and some outsiders are suspicious of the motivations and reward structures that drive the key decision-makers. This book evaluates the mechanisms that private equity fund managers employ to ensure effective oversight of their portfolio companies and the legal rules that regulate their behaviour. It suggests that most private equity fund managers have powerful incentives to ensure that investee companies behave responsibly, take account of relevant environmental, social and governance (ESG) issues, and work to build sustainable businesses in the long term. The author suggests that legal rules in the UK are not well-adapted for the private equity ownership model, but are not in practice a significant determinant of behaviour. At the same time, there is evidence that private equity-backed companies perform better than their peers, and the author suggests that superior governance may be one explanatory factor"-- |
| SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Private equity |
| SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Private equity funds |
| SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Stock holders |
| SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Venture capital |
| SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Capital investments |
| SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Agency (Law) |
| SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Corporate governance |
| ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Library of Congress Classification |
| Koha item type | Books |
| Permanent Location | Current Location | Date acquired | Full call number | Accession Number | Koha item type |
|---|---|---|---|---|---|
| Gabriel Afolabi Ojo Central Library (Headquarters). | Gabriel Afolabi Ojo Central Library (Headquarters). | 11/04/2024 | K1116 .W58 2022 | 0195319 | Books |
| Gabriel Afolabi Ojo Central Library (Headquarters). | Gabriel Afolabi Ojo Central Library (Headquarters). | 11/04/2024 | K1116 .W58 2022 | 0195320 | Books |