The chapter will proceed in five parts. First, I will attempt to describe the world as managers of private equity funds as well as some of their critics see it. Second, I will summarize the structure and mechanics of PE funds, including the importance of leverage to their success. Third, I will discuss what I have referred to here as the separation of ownership and control problem, including its modern formulation as an agency problem, first clearly formulated by Berle and Means. Fourth, I will critically assess the counter-attack on PE funds from labor and the left, which I believe is wrongly rooted in the concept of financialization. I will conclude with an attempt to summarize what I consider to be the real nature of private equi...
This Article engages problematic interpretations of Berle\u27s thinking, as well as their implicatio...
In The Modern Corporation and Private Property (1932), Berle and Means warned of the concentration o...
The Modern Corporation and Private Property by Adolf Berle and Gardiner Means (1932) remains one of ...
The Modern Corporation & Private Property is a paradigm-shifting analysis of the modern corporation....
By all measures, the continuous growth and expansion of private equity has been astounding; the indu...
Adolph A. Berle and Gardiner C. Means\u27 The Modern Corporation and Private Property is one of law\...
The dominance of agency theory can reduce our collective scope to analyse private equity in all its ...
In The Modern Corporation and Private Property, Adolf A. Berle and Gardiner Means wrote about the se...
International audienceOver the last thirty years, the shareholder conception of corporate governance...
Private equity (PE) firms are a key actor in the increasing financialization of the economy since th...
This Article examines the unique set of agency costs that arise from the separation of ownership and...
Ownership and control in the big corporation: a re-reading of Berle and Means This contribution rev...
During the five decades after Berle and Means published The Modern Corporation and Private Property ...
This Article introduces a new model of corporate governance, which challenges, as did Berle and Mean...
Berle’s progressive vision of an economy of business organisations which operated in the interests o...
This Article engages problematic interpretations of Berle\u27s thinking, as well as their implicatio...
In The Modern Corporation and Private Property (1932), Berle and Means warned of the concentration o...
The Modern Corporation and Private Property by Adolf Berle and Gardiner Means (1932) remains one of ...
The Modern Corporation & Private Property is a paradigm-shifting analysis of the modern corporation....
By all measures, the continuous growth and expansion of private equity has been astounding; the indu...
Adolph A. Berle and Gardiner C. Means\u27 The Modern Corporation and Private Property is one of law\...
The dominance of agency theory can reduce our collective scope to analyse private equity in all its ...
In The Modern Corporation and Private Property, Adolf A. Berle and Gardiner Means wrote about the se...
International audienceOver the last thirty years, the shareholder conception of corporate governance...
Private equity (PE) firms are a key actor in the increasing financialization of the economy since th...
This Article examines the unique set of agency costs that arise from the separation of ownership and...
Ownership and control in the big corporation: a re-reading of Berle and Means This contribution rev...
During the five decades after Berle and Means published The Modern Corporation and Private Property ...
This Article introduces a new model of corporate governance, which challenges, as did Berle and Mean...
Berle’s progressive vision of an economy of business organisations which operated in the interests o...
This Article engages problematic interpretations of Berle\u27s thinking, as well as their implicatio...
In The Modern Corporation and Private Property (1932), Berle and Means warned of the concentration o...
The Modern Corporation and Private Property by Adolf Berle and Gardiner Means (1932) remains one of ...