Book contents
- Corporate Governance and Responsible Investment in Private Equity
- International Corporate Law and Financial Market Regulation
- Corporate Governance and Responsible Investment in Private Equity
- Copyright page
- Dedication
- Contents
- Acknowledgements
- Introduction
- Part I How Should Private Equity Governance Systems Look?
- 1 Mapping an Analytical Framework
- 2 Private Ordering in Private Equity and Its Implications
- Part II What Actually Happens?
- Part III Corporate Governance Regulation in the United Kingdom and Private Equity’s Response
- Part IV How Governance Can Affect Corporate Performance
- Bibliography
- Index
2 - Private Ordering in Private Equity and Its Implications
from Part I - How Should Private Equity Governance Systems Look?
Published online by Cambridge University Press: 16 November 2020
Book contents
- Corporate Governance and Responsible Investment in Private Equity
- International Corporate Law and Financial Market Regulation
- Corporate Governance and Responsible Investment in Private Equity
- Copyright page
- Dedication
- Contents
- Acknowledgements
- Introduction
- Part I How Should Private Equity Governance Systems Look?
- 1 Mapping an Analytical Framework
- 2 Private Ordering in Private Equity and Its Implications
- Part II What Actually Happens?
- Part III Corporate Governance Regulation in the United Kingdom and Private Equity’s Response
- Part IV How Governance Can Affect Corporate Performance
- Bibliography
- Index
Summary
This chapter describes the economic incentives that are present in the private equity paradigm, and contrasts those with other ownership structures.It uses those incentives, combined with theories of the firm described in Chapter 1, to make some predictions about the behaviours of private equity investors and the mechanisms they will design for their portfolio companies.
- Type
- Chapter
- Information
- Publisher: Cambridge University PressPrint publication year: 2021