%0 Book Section %T Financialization, the Private Equity Industry and LBOs %+ Laboratoire interdisciplinaire de recherche en sciences de l'action (LIRSA) %A Chambost, Isabelle %@ 978-3-031-14231-4 %B Ecological Money and Finance, Exploring Sustainable Monetary and Financial System %E Thomas Lagoarde-Segot %I Springer International Publishing %C Switzerland %P pp. 511-547 %8 2023 %D 2023 %R 10.1007/978-3-031-14232-1 %K financialisation %K LBO %K Private Equity %K Environmental %K social and governance issues %Z Humanities and Social SciencesBook sections %X EMI (UK), MEC (Canada), Kmart (US), Pages Jaunes (France), New Look (UK), Camaïeu (France), Naf-Naf (France), Toys “R” Us (US), André (France), Postmedia (Canada): the economic press regularly reports on emblematic restructurings involving companies under leveraged buy-out (LBO). In France, the French Association of Investors for Growth (AFIC), which became France Invest in 2018, representing financial professionals specializing in this field, emphasizes the contribution of its members “to economic dynamism” and “the creation of value for the company”, as well as their “leading position on environmental, social and governance issues”.What is it really like? This chapter proposes to analyze the private equity industry, its objectives, its actors, to decipher the legal and financial mechanisms implemented during the acquisition of companies and to study the economic and social consequences. %G English %L hal-04081524 %U https://cnam.hal.science/hal-04081524 %~ SHS %~ CNAM %~ LIRSA-CNAM %~ TEST3-HALCNRS %~ HESAM-CNAM %~ HESAM