Publications
Publications
  • November 1989 (Revised December 1996)
  • Supplement
  • HBS Case Collection

Wisconsin Central Ltd. Railroad and Berkshire Partners (B): LBO Associations and Corporate Governance

By: Michael C. Jensen
  • Format:Print
  • | Pages:19
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Abstract

Describes the resolution of the default situation. Further examines the internal control mechanisms and distinct role of the board of directors of a typical LBO association.

Keywords

Corporate Governance; Leveraged Buyouts; Rail Industry

Citation

Jensen, Michael C. "Wisconsin Central Ltd. Railroad and Berkshire Partners (B): LBO Associations and Corporate Governance." Harvard Business School Supplement 190-070, November 1989. (Revised December 1996.)

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