This month several papers submitted by CEFS researchers were accepted for international conferences. The paper “Adverse Selection and the Performance of Private Equity Co-Investments” by Reiner Braun and Christoph Schemmerl together with Tim Jenkinson from the University of Oxford was accepted… [weiterlesen]

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Prof. Kaserer has been appointed as a member of the Group of Economic Advisors (GEA) of the European Securities and Markets Authority (ESMA) for the period 2016 to 2018. ESMA has established the GEA to benefit from the expertise of stakeholders who are specialised in the analysis and risk assessment… [weiterlesen]

From 26 to 27 November 2015, the first two-day workshop on „foundation-owned companies” took place at Technical University of Munich (TUM). [weiterlesen]

The Paper "The Leverage, Pricing and Return Puzzle in Leveraged Buyouts: The Impact of Competition" was by Nicholas Crain, Reiner Braun and Anna Gerl was presented at the 8th Private Equity Findings Symposium at the London Business School in June 2015. [weiterlesen]

The paper “Travel Distance and Firm Valuation: International Evidence” by Marc Steffen Rapp, Thomas Schmid and Daniel Urban was presented at the IFABS 2015 Corporate Finance in Oxford. [weiterlesen]

The paper “The Leverage, Pricing and Return Puzzle in Leveraged Buyouts: The Impact of Competition” by Reiner Braun, Nicholas G. Crain and Anna Gerl was presented at the IFABS 2015 Corporate Finance Conference in London, UK. [weiterlesen]

The paper “Women on Corporate Boards: Good or Bad?” by Thomas Schmid and Daniel Urban was presented at the 2016 AFA Meeting and the Paris December 2015 Finance Meeting. [weiterlesen]

Prof. Achleitner was part of a committee of 26 family entrepreneurs, scientists and consultants which developed a family firm governance code based on scientific and practical findings and in adjustment to existing European governance codes. The results were presented at the 15-year anniversary… [weiterlesen]

The paper "How Persistent is Private Equity Performance? Evidence from Deal-Level Data" (see below) by Reiner Braun, Tim Jenkinson and Ingo Stoff was presented at the American Finance Association Meeting January 2016. The paper addresses persistence of returns as a critical issue for investors in… [weiterlesen]