Stages of management buy-out

Management Buy-out Pricing Model: A Fairness Preference Perspective

In order to determine the effective and reasonable management buyout price, considered of asymmetric information, this paper investigated the shareholders’ decision-making behavior during the management buyout pricing process under a fairness preferences perspective. The conclusions in this paper were 1) The greater the value of the option, the smaller the critical probability of management buy...

Valuing a leveraged buy-out

Buy-Out Prices in Online Auctions: Multi-Unit Demand*

On many online auction sites it is now possible for a seller to augment his auction with a maximum or buy-out price. The use of this instrument has been justified in “one-shot” auctions by appeal to impatience or risk aversion. Here we offer additional justification by observing that trading on internet auctions is not of a “one-shot” nature, but that market participants expect more transaction...

Airline Network Revenue Management with Buy-up

The emergence of budget airlines, the advent of new sales channels, the disappearance of traditional fare-class fences, and other on-going changes in the airline industry pose serious challenges to traditional revenue management models, which make some rigid and unrealistic assumptions. One of these is that passengers who do not get the fare they want book and travel on other airlines or do not...

Stages of Knowledge Management Systems

Copyright © 2008, IGI Global, distributing in print or electronic forms without written permission of IGI is prohibited. Knowledge management systems refer to a class of information systems applied to manage organizational knowledge. These systems are IT applications to support and enhance the organizational processes of knowledge creation, storage and retrieval, transfer, and application (Alav...