Bruce Wasserstein will oversee distribution of equity when he takes over the firm in January.
The present value distribution of equity is used as a central instrument for evaluation of shareholder benefits.
The other two measures provide a structure for the separation and allow for the distribution of equity for the proposed new corporate entity.
However, the importance of the result from this model is that including equity reduces efficiency very little in this case study; the distribution of equity itself could in fact be implemented in many different ways.
When the DAP attempted to enquire about the distribution of economic equity among the races to evaluate the NEP's progress, the Standing Orders of Parliament were amended to forbid such inquiries.
We test the explanatory power of liquidity and technological opportunities as drivers of the stage distribution of private equity investments.
This study addresses the theoretical problems of the role of exits in VC contracting (Black and Gilson, 1998; Aghion et al., 2004) and the determinants of the stage distribution of private equity investments (Gompers, 1995; Cumming et al., 2005, 2009).
These economic effects of legal environments suggest a varying stage distribution of private equity investments across countries and potential interactions with other macroeconomic indicators such as liquidity in IPO markets.
2 From a theoretical viewpoint, the crisis provides an excellent opportunity to revisit and further develop theories that explain the role of exits in VC contracting (Black and Gilson, 1998; Aghion, Bolton, and Tirole, 2004) and predict the stage distribution of private equity investments (Gompers, 1995; Cumming, Fleming, and Schwienbacher, 2005, 2009).
If outstanding notes prevent a new lead investor from meeting their fund's required ownership targets without triggering a complete company recapitalization, a null set of equity distribution possibilities may arise. .
We use geographical distribution as a measure of equity at the province level in South Africa.
