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PRODID:-//University of Birmingham//Events//EN
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BEGIN:VEVENT
DTSTAMP:20110520T102700Z
DTSTART:20110616T161500Z
DTEND:20110616T180000Z
SUMMARY:Ownership transitions in corporate finance
UID:www.birmingham.ac.uk/10507
DESCRIPTION:An inaugural lecture by Professor Ranko Jelic, Professor of Finance in the Birmingham Business School.\n Extensive empirical research provides evidence for the association of ownership and firm’s value, as predicted by Jensen and Meckling (1976). Evidence on effectiveness of various methods used for the ownership transitions, such as initial public offerings (IPO), management buy-outs (MBO), and trade sales is less conclusive. The lecture will look at issues related to choice of the methods for transitions from: i) state to public; ii) private to public; and iii) public to private ownership structures. I will present results of my research on IPOs, MBOs, and the importance of specialists (e.g. Private equity firms) for the firms’ subsequent performance and longevity.\n
LOCATION:Business School Main Lecture Theatre (G12)
STATUS:CONFIRMED
TRANSP:OPAQUE
CLASS:PUBLIC
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