5 found
Sort by:
  1. Marguerite Schneider & Alix Valenti (2011). A Property Rights Analysis of Newly Private Firms. Business Ethics Quarterly 21 (3):445-471.
    A key factor in the decision to convert a publicly owned company to private status is the expectation that value will be created, providing the firm with rent. These rents have implications regarding the property rights of the firm’s capital-contributing constituencies. We identify and analyze the types of rent associated with the newly private firm. Compared to public firms, going private allows owners the potential to partition part of the residual risk to bond holders and employees, rendering them to be (...)
    Direct download (7 more)  
     
    My bibliography  
     
    Export citation  
  2. Marguerite Schneider & Alix Valenti (2010). The Effects of “Going Private” Using Private Equity: The Newly Private Corporation and the Dimensions of Corporate Performance. Business and Society Review 115 (1):75-106.
    No categories
    Direct download (4 more)  
     
    My bibliography  
     
    Export citation  
  3. Marguerite Schneider & Alix Valenti (2009). Does A Company's “Going Private” Tend to Harm Its Stakeholders? A Contingency-Based Approach to Stakeholder Effects. Proceedings of the International Association for Business and Society 20:337-347.
    The migration of publicly-held companies to private status through use of private equity has been both lauded and lambasted. While agency theorists praise the public-to-private or PTP firm as being an efficient form of corporate governance, others suggest that going private allows owners and managers to extract, rather than add, value.We contribute by developing a categorization of the potential sources of value for the PTP firm. We analyze the effects of each source of value, and find that there are specific (...)
    Direct download (3 more)  
     
    My bibliography  
     
    Export citation  
  4. Marguerite Schneider & Alix Valenti (2008). The Effects of “Going Private” on Corporate Financial and Corporate Social Performance. Proceedings of the International Association for Business and Society 19:236-245.
    The newly private corporation challenges scholars to re-examine corporate social responsibility under a markedly different governance system. We theorize regarding the implications of public corporations going private through use of private equity. The new governance system includes few owners and an expert, involved board of directors; combined with a greatly reduced public presence, public-to-private firms are proposed to place greater emphasis on financial performance and lesser emphasis on social performance. Several variables are proposed to moderate the lesser emphasis on social (...)
    Direct download (3 more)  
     
    My bibliography  
     
    Export citation  
  5. Alix Valenti (2008). The Sarbanes-Oxley Act of 2002: Has It Brought About Changes in the Boards of Large U. S. Corporations? [REVIEW] Journal of Business Ethics 81 (2):401 - 412.
    The Sarbanes-Oxley Act of 2002 is considered by many to have made the most sweeping changes affecting corporate governance since the Securities and Exchange Acts of 1933 and 1934. About 4 years after its passing, however, many governance experts question whether the time and expense of compliance engender any real reforms. This article examines whether corporations have restructured their boards in response to the enactment of Sarbanes-Oxley and finds evidence that companies are implementing changes that should strengthen the monitoring ability (...)
    Direct download (6 more)  
     
    My bibliography  
     
    Export citation