Going Private Transactions and Private Equity Takeovers: What Have We Learned?

Mamunur Rashid

Professor
Business Administration Discipline, Khulna University, Khulna, BD

Ranajit Kumar Bairagi

Professor
Business Administration Discipline, Khulna University, Khulna, BD

Tarun Kanti Bose

Assistant Professor
Business Administration Discipline, Khulna University, Khulna, BD

Khulna University Business Review – A Journal of Business Administration Discipline, Khulna University, BD
Volume 10, Number 1 & 2, January to December 2015, Pages 55-67
DOI: 10.35649/KUBR.2015.10.12.5
Published: August 2015
Published Online:
July 2019

Abstract
Purpose: This study was directed towards uncovering the previous studies carried out in relation with going private transactions.
Design: A qualitative literature review method has been utilized to serve the objectives.
Findings: The review of literature in this paper uncovers the research related to going private transactions. Private Equity is the one dimension, of going private transactions, that has attracted little attention thus far. Given the dynamism in PE transactions and a dearth of research in this area, the proposed study will extend prior research by using more relevant, recent and Large-scale data and is expected to bring new insights into the corporate finance Literature in terms of the nature and implications of PE takeovers in Australia.
Originality: A comprehensive review of the extant literature, being carried out in this paper, reveals that 110 studies have been conducted to investigate the fink among undervaluation, incentive alignment, governance mechanisms and private equity takeovers.