The Role of Private Equity Group Reputation in LBO Financing

By C. Demiroğlu, Christopher M. James. 2010

224 citations recorded by the source corpus.

Subfields: Accounting, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/f606c981260166aab9d27487abcffae7049bb0ca

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In Accounting

1. Andrew Ang
2. M. Borell
3. Bingxu Chen
4. Will Goetzmann
5. Nadine Gatzert
6. Tereza Tykvová
7. Ludovic Phalippou
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In Management Information Systems

1. Nadine Gatzert

Citations in the corpus

• Giants at the Gate: Investment Returns and Diseconomies of Scale in Private Equity (2015, unknown): “One could even argue that there would be economies of scale in implementing such strategies, for example, repeat lenders could obtain more favorable conditions (Demiroglu and James (2010), Ivashina and Kovner (2011)). An alternative view is that PE firms have skills that are difficult to scale up. T”
• Do private equity owners increase risk of financial distress and bankruptcy (2012, background): “One of the essential reasons is that theyhave easier access to loans (e.g., Demiroglu and James, 2010; Ivashina andKovner, 2011).”
• Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts (2012, unknown): “Also, previous research, such as Demiroglu and James (2010) and Ivashina and Kovner (2011) present evidence suggesting that more reputable private equity funds have easier and cheaper access to debt.”
• Venture Capital and Other Private Equity: A Survey (2011, unknown): “18 Davis et al. (2008) find that US buyout target firms reduce more pre-existing jobs relative to controls both before and after the transactions, but create more jobs at new establishments they open after transactions.”
• Estimating Private Equity Returns from Limited Partner Cash Flows (2014, background): “33 Prior researchers have noted the connection between low interest rates and buyout fundraising (see Axelson et al. (2013), Ivashina and Kovner (2011), Demiroglu and James (2010)).”
• Club Deals in Leveraged Buyouts (2010, unknown): “Recent papers find that more reputable private equity firms (Demiroglu and James, 2010) and those with stronger bank relationships (Ivashina and Kovner, 2007) are able to obtain better terms on the debt financing for the LBOs they conduct.”
• The Impact of Corporate Reputation and Reputation Damaging Events on Financial Performance: Empirical Evidence from the Literature (2015, background): “In particular, Demiroglu and James (2010) observe that more reputable private equity groups pay lower bank and institutional loan spreads with longer loan maturities and a higher portion of institutional loans in case of public-to-private leveraged buyouts (180 observations, 19972007). Studying 344 ”