The New Financial Capitalists
Kohlberg, Kravis, Roberts and the Creation of Corporate Value
Cambridge UP, 1998
Category:
Economics & Politics
Get the summary
Sign up now and receive this summary right away!
Not ready to buy yet? Sample two free summaries now!
See the How it works page to learn more about the functions.
If you are an existing customer, login to download this summary.
getAbstract Rating
| Overall |
|
(6)Applicability |
|
Innovation |
|
Style |
|
(5)
(7)| Level of Expertise |
|
(3)In this summary you will learn
- Who Kohlberg, Kravis and Roberts were
- How they changed the world of leveraged buyouts
- What the four waves of M&A activity were
Why you should read The New Financial Capitalists
This revealing book covers a highly charged and controversial period of American investment history. George P. Baker and George David Smith study the emergence of the investment house Kohlberg, Kravis, Roberts (KKR), and follow it during the decade KKR ruled the world of leveraged buyouts. The authors begin with the early days when the partners worked together at Bear Stearns. They track the men as they build their own firm and create their own success. In clear, straightforward language, the book presents KKR’s intentions and the economics of leveraged buyouts (LBOs). It discusses KKR’s role in structuring and managing the deals. getAbstract recommends this book as a must read for anyone interested in LBOs or the history of KKR. Executives at all levels will find the KKR saga interesting and useful.
About the Authors
George P. Baker, a Harvard Business School business administration professor, holds his Ph.D. in business economics and a Harvard MBA. He is an associate editor of the Journal of Financial Economics, and a director of Clear Communications, Inc. His many articles cover management incentives, leveraged buyouts, and organizational economics. George Davis Smith, clinical professor of Economics and International Business at New York University Stern School of Business, earned his Ph.D. in history from Harvard in 1976. A consultant to major corporations, he has written numerous articles and four books, including Anatomy of a Business Strategy and From Monopoly to Competition.
If you wish to purchase 20 or more copies of this title (not the summary, but the actual book), please contact us at info@getAbstract.com. Make sure you include the title of the book and your phone number.
getAbstract makes it easy for you to access the summary of The New Financial Capitalists any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles!