Reading suggestions

Green, Stephen, Wahre Werte

FinanzBuch Verlag, 256 pp, €24.90, ISBN 978-3-89879-561-6

Stephen Green, CEO of HSBC, describes how globalization happened and why capitalism – though not without its imperfections – is still the best system for increasing every individual’s material welfare. The book revealingly conveys the worldview of a succesful top manager.

Reifner, Udo, Die Geldgesellschaft – Aus der Finanzkrise lernen

VS Verlag, 454 pp, €29.95, ISBN 978-3-531-17077-0

What is the financial system? What does it do? What are hedge funds and how does short selling work? What have American consumers to do with our taxes? An analysis of the financial crisis is the occasion for a systematic, readily comprehensible presentation of the modern money society, in which money has risen from a means of worldwide cooperation to the guideline for political action. Reifner is Director of the Institut für Finanzdienstleistungen e.V. in Hamburg and Spokesman of GlobalFairFinance.

Weber, Theo, Hohaus, Benedikt, Buy-Outs

Schäffer-Poeschel Verlag, 273 pp, €99.95, ISBN 978-3-7910-2594-0

In the German market for company transactions, special importance attaches to buy-outs financed by private-equity investors, i.e. purchase of a company or parts of it using outside capital. This practical work presents a comprehensive buy-out cycle, covering the functioning, structuring and concomitantly the evaluation of a buy-out from a process-oriented perspective. As well as due diligence during the transaction, legal and operational implementation involving management and the various forms of exit are discussed.