{"product_id":"the-new-financial-capitalists-kohlberg-kravis-roberts-and-the-creation-of-corporate-value-hardback-9780521642606","title":"The New Financial Capitalists; Kohlberg Kravis Roberts and the Creation of Corporate Value (Hardback) 9780521642606","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe New Financial Capitalists\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eKohlberg Kravis Roberts and the Creation of Corporate Value\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis book, first published in 1999, gives a balanced, enlightening account of how KKR has approached leveraged buyouts.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eGeorge P. Baker (Author), George David Smith (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521642606, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 13 October 1998\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e272 pages\u003cbr\u003e24 x 16.2 x 2.2 cm, 0.49 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e'Baker and Smith's work is remarkable well documented, provides a clear explanation of the successes and failures of KKR, and successfully sweats its mythically enormous profits down to size, in proportion to the high risk involved.' Contemporary European History\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eKohlberg Kravis Roberts's approach to leveraged buyouts was an important aspect of the corporate restructuring and governance reforms in the American economy from the mid-1970s through 1990. During that period, KKR crafted a series of progressively more elaborate deals tailored to specific companies and market conditions. Through its creative debt financing and its relationships with an evolving cast of investors, companies, and managers, KKR drove the scale and scope of the buyout phenomenon to unprecedented highs. This book, first published in 1999, examines KKR's record in detail. Based upon interviews with partners of the firm and on unprecedented access to KKR's records, George Baker and George Smith have written a balanced and enlightening account of how KKR has approached LBOs. The book focuses on KKR's founding, evolution, and innovations as ways to understand issues in modern American business. In examining KKR as a unique form of enterprise, the book bridges the gap between public perception and academic knowledge of the leveraged buyout.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eIntroduction\u003cbr\u003e 1. Context and overview\u003cbr\u003e 2. Recasting the role of debt: creative leverage and buyout financing\u003cbr\u003e 3. LBO governance and value creation\u003cbr\u003e 4. When risk becomes real: managing buyouts in distress\u003cbr\u003e 5. KKR as an institutional form: structure, function and character\u003cbr\u003e Conclusion.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economic history [\u003ca title=\"See our other books on Economic history\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economic%20history%20%5BKCZ%5D%22\"\u003eKCZ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46001055432984,"sku":"9780521642606","price":36.79,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521642606i_e7cdfd12-e5e5-4239-b010-0bcfdfc24fad.jpg?v=1691379437","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-new-financial-capitalists-kohlberg-kravis-roberts-and-the-creation-of-corporate-value-hardback-9780521642606","provider":"Freshly Printed Books","version":"1.0","type":"link"}