21. Private Equity and Leveraged Buyouts in Italy: To Prohibit or Not to Prohibit, That is the Question

  1. Douglas Cumming
  1. Simona Zambelli

Published Online: 13 DEC 2011

DOI: 10.1002/9781118267011.ch21

Private Equity: Fund Types, Risks and Returns, and Regulation

Private Equity: Fund Types, Risks and Returns, and Regulation

How to Cite

Cumming, D. (2010) Private Equity and Leveraged Buyouts in Italy: To Prohibit or Not to Prohibit, That is the Question, in Private Equity: Fund Types, Risks and Returns, and Regulation, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118267011.ch21

Author Information

  1. Professor, University of Bologna, Department of Management, Forlí School of Business

Publication History

  1. Published Online: 13 DEC 2011
  2. Published Print: 25 JAN 2010

ISBN Information

Print ISBN: 9780470499153

Online ISBN: 9781118267011

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Keywords:

  • private equity;
  • italy;
  • leveraged buyouts;
  • economic literature;
  • financial services authority

Summary

This chapter contains sections titled:

  • Introduction

  • The Buyout Market and Its Puzzling Trend

  • The LBO Scheme and Related Criticisms

  • The LBO Legal Environment: Past, Present, and Future Trends

  • The Economic Impact of the 2004 Reform

  • Conclusion

  • Appendix 21.A: The Past Debate on the Legitimacy of LBOs in Italy

  • A Closer Examination of Why LBOs Appeared to Be Illegal in Italy

  • Appendix 21.B: The Regulation of Financial Assistance in the United Kingdom

  • Appendix 21.C: Survey Details

  • Notes

  • About the Author