The New Financial Capitalists: Kohlberg Kravis Roberts and the Creation of Corporate Value

Valutazione media 3,72
( su 61 valutazioni fornite da Goodreads )
 
9780521642606: The New Financial Capitalists: Kohlberg Kravis Roberts and the Creation of Corporate Value

A widespread misunderstanding concerning leveraged buyouts (LBOs) is the belief that they accomplish little but the ruin of companies and the loss of employment. How else could it be? Until recently, journalists, including much of the business press, have depicted LBO specialists as generally greedy, if not sinister, forces whose activities compound the dislocations of modern American economic and social life. This kind of criticism reached a crescendo in the press and in Congress at the end of the 1980s, and Kohlberg Kravis Roberts found itself in the middle of the controversy. Based on interviews with partners of the firm and on unprecedented access to KKR's records, George P. Baker and George David Smith have written a definitive account of how KKR has approached LBOs in a book that will appeal to the specialist and general reader alike. The authors focus on KKR's founding, evolution, and innovations as ways to understand issues in modern American business. In examining KKR as a unique form of enterprise--one that subscribes to a set of alternative perspectives on business and value creation--the book bridges the gap between public perception and academic knowledge of how financial innovation impacts economic life. The firm's approach to leveraged buyouts was an important aspect of the corporate restructuring and governance reforms in the American economy from the mid-1970s through 1990 (the years of what some have called the "leveraged buyout movement"). KKR and other companies fundamentally altered the prevailing perception of the role of debt in the modern American corporation and established an alternative model for organizing and managing corporate enterprises. KKR financed the companies it acquired with high levels of debt, while linking their ownership to management. It then imposed rigorous monitoring by the board of directors over the companies in its portfolio. This combination of factors forced managers to concentrate not on growth but rather on how to achieve value through whatever means was most appropriate to the company's circumstances. The purpose of the leveraged buyout was to realize, or "create," value in companies by reforming their management systems. KKR's approach to restructuring the relationship between owners and managers in a highly leveraged firm rested on a basic principle: Make managers owners by making them invest a significant share of their personal wealth in the enterprises they manage, and they will have stronger incentives to act in the best interests of all shareholders.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

Book Description:

Based upon interviews with partners of Kohlberg Kravis Roberts and on unprecedented access to the firm's records, George Baker and George Smith have written a balanced and enlightening account of how KKR has approached leveraged buyouts. This book focuses on KKR's founding, evolution, and innovations as ways to understand issues in modern American business. In examining KKR as a unique form of enterprise one that subscribes to a set of alternative perspectives on business and value creation the book bridges the gap between public perception and academic knowledge of the leveraged buyout, a crucial phenomenon of modern economic life.

About the Author:

fm.author_biographical_note1

fm.author_biographical_note2

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

I migliori risultati di ricerca su AbeBooks

1.

Baker, George P.; Smith, George David
Editore: U.S.A.: Cambridge University Press (1998)
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Rilegato Prima edizione Quantità: 1
Da
Mima Mia Books
(Boston, MA, U.S.A.)
Valutazione libreria
[?]

Descrizione libro U.S.A.: Cambridge University Press, 1998. Hardcover. Condizione libro: New. Condizione sovraccoperta: New. 1st Edition. 4571 Language: eng Language: eng Language: eng Language: eng Language: eng Language: eng. Codice libro della libreria 3D10B

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 18,96
Convertire valuta

Aggiungere al carrello

Spese di spedizione: EUR 3,35
In U.S.A.
Destinazione, tempi e costi

2.

Baker, George P.
Editore: Cambridge University Press (1998)
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Quantità: > 20
Print on Demand
Da
Pbshop
(Wood Dale, IL, U.S.A.)
Valutazione libreria
[?]

Descrizione libro Cambridge University Press, 1998. HRD. Condizione libro: New. New Book.Shipped from US within 10 to 14 business days.THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Codice libro della libreria IP-9780521642606

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 28,53
Convertire valuta

Aggiungere al carrello

Spese di spedizione: EUR 3,34
In U.S.A.
Destinazione, tempi e costi

3.

George P. Baker; George David Smith
Editore: Cambridge University Press (1998)
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Rilegato Prima edizione Quantità: 1
Da
Irish Booksellers
(Rumford, ME, U.S.A.)
Valutazione libreria
[?]

Descrizione libro Cambridge University Press, 1998. Hardcover. Condizione libro: New. book. Codice libro della libreria M0521642604

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 32,48
Convertire valuta

Aggiungere al carrello

Spese di spedizione: GRATIS
In U.S.A.
Destinazione, tempi e costi

4.

Baker, George P.
Editore: Cambridge University Press 11/6/2013 (2013)
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Rilegato Quantità: 10
Da
BargainBookStores
(Grand Rapids, MI, U.S.A.)
Valutazione libreria
[?]

Descrizione libro Cambridge University Press 11/6/2013, 2013. Hardback or Cased Book. Condizione libro: New. The New Financial Capitalists: Kohlberg Kravis Roberts and the Creation of Corporate Value. Book. Codice libro della libreria BBS-9780521642606

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 34,22
Convertire valuta

Aggiungere al carrello

Spese di spedizione: GRATIS
In U.S.A.
Destinazione, tempi e costi

5.

Baker, George P., Smith, George David
Editore: Cambridge University Press (2017)
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Rilegato Quantità: 2
Print on Demand
Da
Murray Media
(North Miami Beach, FL, U.S.A.)
Valutazione libreria
[?]

Descrizione libro Cambridge University Press, 2017. Hardcover. Condizione libro: New. Never used! This item is printed on demand. Codice libro della libreria P110521642604

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 32,75
Convertire valuta

Aggiungere al carrello

Spese di spedizione: EUR 1,67
In U.S.A.
Destinazione, tempi e costi

6.

Baker, George P.
Editore: Cambridge University Press (2017)
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Rilegato Quantità: > 20
Print on Demand
Da
Murray Media
(North Miami Beach, FL, U.S.A.)
Valutazione libreria
[?]

Descrizione libro Cambridge University Press, 2017. Hardcover. Condizione libro: New. Never used! This item is printed on demand. Codice libro della libreria 0521642604

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 33,00
Convertire valuta

Aggiungere al carrello

Spese di spedizione: EUR 1,67
In U.S.A.
Destinazione, tempi e costi

7.

George P. Baker, George David Smith
Editore: CAMBRIDGE UNIVERSITY PRESS, United Kingdom (2013)
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Rilegato Quantità: 10
Print on Demand
Da
The Book Depository
(London, Regno Unito)
Valutazione libreria
[?]

Descrizione libro CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2013. Hardback. Condizione libro: New. New.. Language: English . Brand New Book ***** Print on Demand *****.Kohlberg Kravis Roberts s approach to leveraged buyouts was an important aspect of the corporate restructuring and governance reforms in the American economy from the mid-1970s through 1990. During that period, KKR crafted a series of progressively more elaborate deals tailored to specific companies and market conditions. Through its creative debt financing and its relationships with an evolving cast of investors, companies, and managers, KKR drove the scale and scope of the buyout phenomenon to unprecedented highs. This book, first published in 1999, examines KKR s record in detail. Based upon interviews with partners of the firm and on unprecedented access to KKR s records, George Baker and George Smith have written a balanced and enlightening account of how KKR has approached LBOs. The book focuses on KKR s founding, evolution, and innovations as ways to understand issues in modern American business. In examining KKR as a unique form of enterprise, the book bridges the gap between public perception and academic knowledge of the leveraged buyout. Codice libro della libreria APC9780521642606

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 35,98
Convertire valuta

Aggiungere al carrello

Spese di spedizione: GRATIS
Da: Regno Unito a: U.S.A.
Destinazione, tempi e costi

8.

Baker, George P.; Smith, George David
Editore: Cambridge University Press
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Rilegato Quantità: 3
Da
Lakeside Books
(Benton Harbor, MI, U.S.A.)
Valutazione libreria
[?]

Descrizione libro Cambridge University Press. Hardcover. Condizione libro: New. 0521642604 BRAND NEW, GIFT QUALITY! NOT OVERSTOCKS OR MARKED UP REMAINDERS! DIRECT FROM THE PUBLISHER!|1.08. Codice libro della libreria OTF-Y-9780521642606

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 33,85
Convertire valuta

Aggiungere al carrello

Spese di spedizione: EUR 3,34
In U.S.A.
Destinazione, tempi e costi

9.

George P. Baker, George David Smith
Editore: CAMBRIDGE UNIVERSITY PRESS, United Kingdom (2013)
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Rilegato Quantità: 10
Print on Demand
Da
The Book Depository US
(London, Regno Unito)
Valutazione libreria
[?]

Descrizione libro CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2013. Hardback. Condizione libro: New. New.. Language: English . Brand New Book ***** Print on Demand *****. Kohlberg Kravis Roberts s approach to leveraged buyouts was an important aspect of the corporate restructuring and governance reforms in the American economy from the mid-1970s through 1990. During that period, KKR crafted a series of progressively more elaborate deals tailored to specific companies and market conditions. Through its creative debt financing and its relationships with an evolving cast of investors, companies, and managers, KKR drove the scale and scope of the buyout phenomenon to unprecedented highs. This book, first published in 1999, examines KKR s record in detail. Based upon interviews with partners of the firm and on unprecedented access to KKR s records, George Baker and George Smith have written a balanced and enlightening account of how KKR has approached LBOs. The book focuses on KKR s founding, evolution, and innovations as ways to understand issues in modern American business. In examining KKR as a unique form of enterprise, the book bridges the gap between public perception and academic knowledge of the leveraged buyout. Codice libro della libreria APC9780521642606

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 37,74
Convertire valuta

Aggiungere al carrello

Spese di spedizione: GRATIS
Da: Regno Unito a: U.S.A.
Destinazione, tempi e costi

10.

Baker, George P.
Editore: Cambridge University Press (1998)
ISBN 10: 0521642604 ISBN 13: 9780521642606
Nuovi Quantità: > 20
Print on Demand
Da
Books2Anywhere
(Fairford, GLOS, Regno Unito)
Valutazione libreria
[?]

Descrizione libro Cambridge University Press, 1998. HRD. Condizione libro: New. New Book. Delivered from our US warehouse in 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND.Established seller since 2000. Codice libro della libreria IP-9780521642606

Maggiori informazioni su questa libreria | Fare una domanda alla libreria

Compra nuovo
EUR 29,63
Convertire valuta

Aggiungere al carrello

Spese di spedizione: EUR 10,16
Da: Regno Unito a: U.S.A.
Destinazione, tempi e costi

Vedi altre copie di questo libro

Vedi tutti i risultati per questo libro