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Management Buy-outs, Debt, and Efficiency: Some Evidence From the U.K.
Authors:Steve Thompson  Mike Wright  Ken Robbie
Affiliation:Senior Lecturer in Business Economics at the University of Manchester's Institute of Science and Technology. His research interests include the agency costs of internal organizations. He is co-editor (with Mike Wright) of Internal Organization;, Efficiency, and Profit (Phillip Allan, 1988). Reader in Financial Services, University of Nottingham and Director of the Centre for Management Buy-out Research. He has published a large number of books and articles covering such topics as buy-outs, divestiture, antitrust policy, mergers and acquisitions, and deregulation.;Research Fellow at CMBOR. In addition to academic publications in the field of buy-outs and divestitures, he has practical experience in commercial banking and in the disposal of divisions via buy-outs.
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