{"id":"https://openalex.org/W2126002255","doi":"https://doi.org/10.4102/sajbm.v36i1.622","title":"Corporate governance criteria as applied in private equity investments","display_name":"Corporate governance criteria as applied in private equity investments","publication_year":2005,"publication_date":"2005-03-30","ids":{"openalex":"https://openalex.org/W2126002255","doi":"https://doi.org/10.4102/sajbm.v36i1.622","mag":"2126002255"},"language":"en","primary_location":{"id":"doi:10.4102/sajbm.v36i1.622","doi":"https://doi.org/10.4102/sajbm.v36i1.622","is_oa":true,"landing_page_url":"https://doi.org/10.4102/sajbm.v36i1.622","pdf_url":"https://sajbm.org/index.php/sajbm/article/download/622/555","source":{"id":"https://openalex.org/S4210215964","display_name":"South African Journal of Business Management","issn_l":"2078-5585","issn":["2078-5585","2078-5976"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-c","cwts-core","dhet","doaj","jufo-1","norway-1","poland-20","russia-white-list-2","scielo","vabb-shw"],"host_organization":"https://openalex.org/P4310315322","host_organization_name":"AOSIS","host_organization_lineage":["https://openalex.org/P4310315322"],"host_organization_lineage_names":["AOSIS"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"South African Journal of Business Management","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://sajbm.org/index.php/sajbm/article/download/622/555","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5055700681","display_name":"R. Millson","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I192619145","display_name":"University of the Witwatersrand","ror":"https://ror.org/03rp50x72","country_code":"ZA","type":"education","lineage":["https://openalex.org/I192619145"]}],"countries":["ZA"],"is_corresponding":false,"raw_author_name":"R. Millson","raw_affiliation_strings":["Graduate School of Business Administration, University of the Witwatersrand"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Graduate School of Business Administration, University of the Witwatersrand","institution_ids":["https://openalex.org/I192619145"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5073691199","display_name":"Michael Ward","orcid":"https://orcid.org/0000-0002-2641-2228","observed_orcids":["https://orcid.org/0000-0002-2641-2228"]},"institutions":[{"id":"https://openalex.org/I69552723","display_name":"University of Pretoria","ror":"https://ror.org/00g0p6g84","country_code":"ZA","type":"education","lineage":["https://openalex.org/I69552723"]}],"countries":["ZA"],"is_corresponding":false,"raw_author_name":"M. Ward","raw_affiliation_strings":["Gordon Institute of Business Science, University of Pretoria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Gordon Institute of Business Science, University of Pretoria","institution_ids":["https://openalex.org/I69552723"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":11968,"currency":"ZAR","value_usd":650},"apc_paid":{"value":11968,"currency":"ZAR","value_usd":650},"fwci":0.0,"has_fulltext":true,"cited_by_count":23,"citation_normalized_percentile":{"value":0.3416312,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"36","issue":"1","first_page":"73","last_page":"85"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.9564999938011169,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.9564999938011169,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.04259999841451645,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13901","display_name":"State Capitalism and Financial Governance","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.9649999737739563},{"id":"https://openalex.org/keywords/private-equity","display_name":"private equity","score":0.9589999914169312},{"id":"https://openalex.org/keywords/shareholder-activism","display_name":"shareholder activism","score":0.8640000224113464},{"id":"https://openalex.org/keywords/transparency","display_name":"transparency","score":0.9589999914169312},{"id":"https://openalex.org/keywords/non-executive-directors","display_name":"non-executive directors","score":0.9670000076293945},{"id":"https://openalex.org/keywords/performance-management","display_name":"performance management","score":0.9860000014305115},{"id":"https://openalex.org/keywords/business-failure","display_name":"business failure","score":0.5989999771118164},{"id":"https://openalex.org/keywords/stakeholder-impact","display_name":"stakeholder impact","score":0.5989999771118164}],"concepts":[{"id":"https://openalex.org/C71110296","wikidata":"https://www.wikidata.org/wiki/Q476115","display_name":"Private equity","level":2,"score":0.7270711660385132},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.7166688442230225},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5988413095474243},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5890659689903259},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.48567187786102295},{"id":"https://openalex.org/C93236110","wikidata":"https://www.wikidata.org/wiki/Q5136435","display_name":"Club deal","level":4,"score":0.4785776138305664},{"id":"https://openalex.org/C178297102","wikidata":"https://www.wikidata.org/wiki/Q5978114","display_name":"Private equity fund","level":3,"score":0.4742019474506378},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.4511439800262451},{"id":"https://openalex.org/C202093079","wikidata":"https://www.wikidata.org/wiki/Q5418962","display_name":"Private equity firm","level":3,"score":0.4384414255619049},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.4351697862148285},{"id":"https://openalex.org/C143801662","wikidata":"https://www.wikidata.org/wiki/Q5384683","display_name":"Equity capital markets","level":3,"score":0.4326876401901245},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.41957688331604004},{"id":"https://openalex.org/C2780233690","wikidata":"https://www.wikidata.org/wiki/Q535347","display_name":"Transparency (behavior)","level":2,"score":0.4133804738521576},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.08708953857421875},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.4102/sajbm.v36i1.622","doi":"https://doi.org/10.4102/sajbm.v36i1.622","is_oa":true,"landing_page_url":"https://doi.org/10.4102/sajbm.v36i1.622","pdf_url":"https://sajbm.org/index.php/sajbm/article/download/622/555","source":{"id":"https://openalex.org/S4210215964","display_name":"South African Journal of Business Management","issn_l":"2078-5585","issn":["2078-5585","2078-5976"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-c","cwts-core","dhet","doaj","jufo-1","norway-1","poland-20","russia-white-list-2","scielo","vabb-shw"],"host_organization":"https://openalex.org/P4310315322","host_organization_name":"AOSIS","host_organization_lineage":["https://openalex.org/P4310315322"],"host_organization_lineage_names":["AOSIS"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"South African Journal of Business Management","raw_type":"journal-article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.997.8552","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.997.8552","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://repository.up.ac.za/bitstream/handle/2263/2645/Millson_Corporate%282005%29.pdf%3Bjsessionid%3D709801FAAFCB606685726F2F12771315?sequence%3D1","raw_type":"text"},{"id":"pmh:oai:doaj.org/article:c9e84c7fdb75418695c0a37113f3fef8","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/c9e84c7fdb75418695c0a37113f3fef8","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"South African Journal of Business Management, Vol 36, Iss 1, Pp 73-85 (2005)","raw_type":"article"},{"id":"pmh:oai:econstor.eu:10419/218323","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/218323","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"},{"id":"pmh:oai:repository.up.ac.za:2263/2645","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/2263/2645","pdf_url":null,"source":{"id":"https://openalex.org/S4306401870","display_name":"UpSpace Institutional Repository (University of Pretoria)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I69552723","host_organization_name":"University of Pretoria","host_organization_lineage":["https://openalex.org/I69552723"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"}],"best_oa_location":{"id":"doi:10.4102/sajbm.v36i1.622","doi":"https://doi.org/10.4102/sajbm.v36i1.622","is_oa":true,"landing_page_url":"https://doi.org/10.4102/sajbm.v36i1.622","pdf_url":"https://sajbm.org/index.php/sajbm/article/download/622/555","source":{"id":"https://openalex.org/S4210215964","display_name":"South African Journal of Business Management","issn_l":"2078-5585","issn":["2078-5585","2078-5976"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-c","cwts-core","dhet","doaj","jufo-1","norway-1","poland-20","russia-white-list-2","scielo","vabb-shw"],"host_organization":"https://openalex.org/P4310315322","host_organization_name":"AOSIS","host_organization_lineage":["https://openalex.org/P4310315322"],"host_organization_lineage_names":["AOSIS"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"South African Journal of Business Management","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.47620001435279846,"display_name":"Peace, justice, and strong institutions"}],"study_designs":[{"id":"https://openalex.org/study-designs/observational-study","display_name":"Observational Study"}],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2126002255.pdf","grobid_xml":"https://content.openalex.org/works/W2126002255.grobid-xml"},"referenced_works_count":34,"referenced_works":["https://openalex.org/W564101498","https://openalex.org/W593149051","https://openalex.org/W610207734","https://openalex.org/W1416151942","https://openalex.org/W1527412032","https://openalex.org/W1827033679","https://openalex.org/W1902578143","https://openalex.org/W1952586206","https://openalex.org/W2006873532","https://openalex.org/W2042114951","https://openalex.org/W2043159738","https://openalex.org/W2069280951","https://openalex.org/W2092670707","https://openalex.org/W2095299437","https://openalex.org/W2135138991","https://openalex.org/W2135241016","https://openalex.org/W2147744389","https://openalex.org/W2154512495","https://openalex.org/W2169211078","https://openalex.org/W2418661295","https://openalex.org/W2752617332","https://openalex.org/W2891965021","https://openalex.org/W2892264895","https://openalex.org/W2994554556","https://openalex.org/W3021243988","https://openalex.org/W3080165278","https://openalex.org/W3123569544","https://openalex.org/W3124994146","https://openalex.org/W3125362379","https://openalex.org/W3147133440","https://openalex.org/W4213420820","https://openalex.org/W6618908328","https://openalex.org/W6792740782","https://openalex.org/W7023910618"],"related_works":["https://openalex.org/W7099356025","https://openalex.org/W3008812060","https://openalex.org/W2164795275","https://openalex.org/W2888599028","https://openalex.org/W4388111470","https://openalex.org/W1533558356","https://openalex.org/W1783388466","https://openalex.org/W2622539664","https://openalex.org/W18196933","https://openalex.org/W6908454269"],"abstract_inverted_index":{"Ineffective":[0],"governance":[1,160],"has":[2,155],"often":[3],"formed":[4],"a":[5,57,61,103,123,147],"backdrop":[6],"to":[7,82],"corporate":[8,159],"failure":[9],"with":[10,45,73],"the":[11,18,38,69,84,88,92,140,152],"resultant":[12],"negative":[13],"impact":[14],"on":[15,131],"stakeholders.":[16],"In":[17],"field":[19,108],"of":[20,32,63,87,94,105,127,142],"private":[21,41,51,65,112],"equity,":[22],"investors":[23],"have":[24],"consistently":[25],"received":[26],"financial":[27],"returns":[28],"that":[29,40,111,162],"outperform":[30],"those":[31],"listed":[33],"equities.":[34],"This":[35],"research":[36,109,154],"investigates":[37],"relationship":[39,49],"equity":[42,52,66,113],"principals":[43],"seek":[44],"their":[46],"agents.The":[47],"\u201cagent-principal\u201d":[48],"in":[50],"investments":[53,114],"was":[54,80],"investigated":[55],"through":[56],"literature":[58],"review":[59],"and":[60,91,135,157],"survey":[62],"experienced":[64],"practitioners":[67],"identified":[68,156],"key":[70],"characteristics":[71],"associated":[72],"this":[74],"relationship.":[75],"A":[76],"conjoint":[77],"analytical":[78],"technique":[79],"used":[81],"measure":[83],"relative":[85],"importance":[86],"various":[89],"attributes":[90,101],"degree":[93],"preference":[95],"or":[96],"utility":[97],"value":[98],"for":[99,149],"these":[100,143],"amongst":[102],"sample":[104],"27":[106],"experts.The":[107],"established":[110],"are":[115],"characterised":[116],"by,":[117],"inter":[118],"alia,":[119],"proactive":[120],"agent-principal":[121],"relationships;":[122],"relatively":[124],"high":[125],"level":[126],"shareholder":[128],"activism;":[129],"insistence":[130],"transparency;":[132],"non-executive":[133],"influence;":[134],"active":[136],"performance":[137],"management.":[138],"While":[139],"implementation":[141],"lessons":[144],"may":[145,163],"be":[146,164],"subject":[148],"future":[150],"research,":[151],"current":[153],"prioritised":[158],"mechanisms":[161],"more":[165],"generally":[166],"applied.":[167]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":2}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}
