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Dokumenttyp:
Zeitschriftenaufsatz 
Autor(en):
Kumeth, A., Klüppelberg, C., and Steinkohl, C. 
Titel:
Modelling the value and measuring the risk of private equity 
Abstract:
Private equity firms are blamed for quickly extracting all of a target company's cash, and sometimes for going even further by requesting a target company to incur additional debts { in order to be able to pay investors an additional dividend { and thus driving it into bankruptcy. Consequently, there is always a trade-off between the benefit of high extra dividends and the associated risk, due to higher debt obligations, which may cause bankruptcy. In this paper, we apply real-options theory a...    »
 
Stichworte:
Private Equity, Risk Return, Business Valuation, Leveraged Finance, Risk Assessment, Credit Risk, DCF Default Model 
Zeitschriftentitel:
Preprint 
Jahr:
2010 
Reviewed:
nein 
Sprache:
en 
Status:
Preprint / submitted 
Format:
Text