Incentive Structure of Special Purpose Acquisition Companies
Küçük Resim Yok
Tarih
2018
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Springer
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Special Purpose Acquisition Companies ('SPACs') are shell companies that are set up with the purpose of raising financing from capital markets in order to acquire and/or merge with a business. Although the idea behind SPACs is similar to private equity funds, their financing and investment methods, investor safeguards and incentive structures differ considerably. This article explains the distinctive features of SPACs and discusses the SPAC incentive structure especially with regard to management compensation schemes and value dilution problems affecting investors.
Açıklama
Anahtar Kelimeler
Special Purpose Acquisition Company (Spac), Private Equity, Shell Company, Initial Public Offering, Business Combination, Spacs
Kaynak
European Business Organization Law Review
WoS Q Değeri
Q3
Scopus Q Değeri
Q1
Cilt
19
Sayı
2
