Home >
Top Picks for Lawyers >
Corporate Governance & Compliance >
Corporate Governance and Responsible Investment in Private Equity

Corporate Governance and Responsible Investment in Private Equity

Author: Simon Witney
Publisher: Cambridge University Press
ISBN: 9781108725316

Published In: July 2022
Format: Paperback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only
Hardback Edition ISBN: 9781108485883

List Price: HKD 312.00

HKD 302.64 Save HKD 9.36 (3%)

Download Order Form

Add to Wishlist
| Add to Compare

Description
Contents

Details

Private equity-backed companies are ubiquitous and economically significant. Consequently, the corporate governance of these companies matters to all of us, and – not surprisingly – is coming under increasing scrutiny. Simon Witney, a practicing private equity lawyer, positions private equity portfolio companies within existing academic theory and examines the laws that apply to them in the UK. He analyses the actual governance frameworks that are put in place and identifies problems created by the legal rules – as well as the market's solutions to them. This book not only explains why these governance mechanisms are established, but also what they are expected to achieve. Witney suggests that private equity owners have both the incentives and the capability to focus on responsible investment practices. Good governance, he argues, is a critical success factor for the private equity industry.

Introduction

Part I. How Should Private Equity Governance Systems Look?:

1. Mapping an analytical framework

2. Private ordering in private equity and its implications

Part II. What Actually Happens?:

3. Agency cost mitigation

4. Improving decision-making and protecting wider interests

Part III. Corporate Governance Regulation in the UK and Private Equity's Response:

5. The relevance of business judgement regulation

6. Dealing with the duties to avoid and disclose conflicts of interest

7. Rules affecting the exercise of power by shareholders and their nominated directors

8. Recent corporate governance reforms, best practice codes and their impact