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J. (Hans) Bruining

Associate Professor

Hans Bruining
Slide 1

Programme:
Strategy & Entrepreneurship
ERIM Membership:
Member ERIM, affiliated since 2005
Profile

Hans Bruining is an associate professor of strategic management at Rotterdam School of Management, Erasmus University (RSM).

Professor Bruining's research focuses on management buy-outs and the role of private equity in the enhancement of the strategic orientation of buyout firms.

He is the author of the first Dutch study on the performance of Management Buy-Outs, and the co-author of two books: The Handbook of Management Buy-Out: Theory and Practice (Kluwer Bedrijfswetenschappen ISBN 90 267 1602 8) and Private Equity and Management Buy-outs (Edward Elgar Publishing ISBN 978 1 84720 725 8).

Among the academic journals in which he has published articles are Small Business Economics, Human Relations, Management Accounting Research, Venture Capital, the International Journal of Human Resource Management and the International Small Business Journal.

He is an affiliate member of the Centre for Management Buy-out Research at the Nottingham University Business School in the UK.

Professor Bruining obtained his MSc in Business Economics from the Vrije Universiteit in Amsterdam and his PhD from the Erasmus School of Economics, Erasmus University in 1992.

Work in progress (4)
  • Bruining, Hans (periode: 2013 t/m 2015). Board of Reviewers Babson Entrepreneurship Research Conference Position at: The Arthur M. Blank Center for Entrepreneurship, Babson College.
  • Turturea, R., Verheul, Ingrid & Bruining, Hans (2014). Does It Pay To Be Cheap, How Financial Bootstrapping Affects The Performance of New Ventures.
  • Bruining, Hans & Mulder, A. (2014). Private Equity Investors: varying needs to exercise Strategic Leadership.
  • Fan, Yang & Bruining, Hans (2013). How Private Equity Firms Make Cross-border Investments: Learning to Internationalize.
Publications (70)
  • Articles (33)
    • Bruining, Hans, Verwaal, Ernst & Wright, Mike (2013). Private Equity and Entrepreneurial management in Management Buy-Outs. Small Business Economics, 40(3), 591-605.[go to publisher's site]
    • Scholes, L., Wright, D.M., Bruining, Hans & Westhead, P. (2010). Strategic changes in family firms post-management buyout: ownership and governance issues. International Small Business Journal, 28(5), 505-521.
    • Verwaal, E., Bruining, Hans, Wright, D.M., Manigart, S. & Lockett, A. (2010). Resources Access Needs and Capabilities as Mediators of the Relationship between VC Firm Size and Syndication. Small Business Economics, 34(3), 277-291.[go to publisher's site]
    • Scholes, L., Wright, D.M., Bruining, Hans & Kloeckner, O. (2009). Family firm buyouts, private equity, and strategic change. Journal of Private Equity, 12(2), 7-18.
    • Bacon, N., Wright, M., Demina, N., Bruining, Hans & Boselie, J.P.E.F. (2008). The Effects of Private Equity and Buy-outs on HRM in the Uk and The Netherlands. Human Relations, 61(10), 1399-1433.
    • Manigart, S., Collewaert, V, Wright, D.M., Bruining, Hans, Pruthi, S., Lockett, A., Hommel, U. & Landstrom, H. (2007). Human capital and the internationalisation of venture capital firms. International Entrepreneurship and Management Journal, 3(1), 109-125.
    • Scholes, L., Wright, M., Westhead, P., Burrows, A. & Bruining, Hans (2007). Information Sharing, Price Negotiation and Management Buy-Outs of private Family-owned Firms. Small Business Economics, 29(3), 329-349.
    • Manigart, S., Wright, M., Meuleman, M., Landstrom, H. & Bruining, Hans (2006). Venture Capitalists' Decision To Syndicate. Entrepreneurship Theory and Practice, 30(2), 131-155.
    • Bruining, Hans, Boselie, J.P.E.F., Wright, M. & Bacon, N. (2005). The Impact of Business ownership Change on Employee Relations: Buy-Outs in the UK and The Netherlands. The International Journal of Human Resource Management, 16(3), 345-365.
    • Bruining, Hans, Bonnet, M.P.B. & Wright, D.M. (2004). Management control systems and strategy change in buyouts. Management Accounting Research, 15(2), 155-177.
    • Bruining, Hans, Bonnet, M.P.B. & Herst, A.C.C. (2003). Financiële leverage en bedrijfsbeleid: ervaringen na een management buy-out. MAB, 77(10), 461-469.
    • Bonnet, M.P.B. & Bruining, Hans (2002). Veranderingen in strategie en management control na Management Buy-out. MAB, 76(5), 218-226.
    • Bruining, Hans & Bonnet, M. (2002). Veranderingen in Strategie en Management Control na Management Buy-Out. MAB, 76(5), 218-225.
    • Bruining, Hans & Wright, D.M. (2002). Entrepreneurial orientation in management buy-outs and the contribution of venture capital. Venture Capital, 4(2), 147-168.
    • Bruining, Hans, Henderiks, R.E.D. & Meenen, E. van (2001). Beheersing van financiële risico's bij management buy-outs banken. MAB, 75(5), 229-240.
    • Bruining, Hans & Burrows, A.M. (2000). Growth in larger deals. Acquisitions Monthly, April, 48-51.
    • Bruining, Hans & Burrows, A.M. (2000). A continuing positive outlook. Acquisitions Monthly, October, 92-94.
    • Bruining, Hans & Burrows, A.M. (1999). Lower countries flying high - the Netherlands continues to attract venture capital from overseas and the signs are that 1999 will demonstrate another healthy pattern of growth in the Dutch buyout market. Acquisitions Monthly, Supplement(October), 90-91.
    • Bruining, Hans & Robbie, K. (1999). Kappa crowns flying Dutch market - provisional estimates the the Dutch buyout market witnessed a record year in 1998. Acquisitions Monthly, Supplement(March 1999), 66-67.
    • Bruining, Hans & Braam, L.G.M. (1997). Financiële leverage en ondernemingsbeleid na management buy-out (2). MAB, 71(4), 189-197.
    • Bruining, Hans & Braam, L. (1997). Financiele leverage en ondernemingsbeleid na Management Buy-Out: een empirische verkenning. MAB, 71(4), 189-197.
    • Bruining, Hans & Braam, L.G.M. (1997). Financiele leverage en ondernemingsbeleid na Management Buy-Out: een literatuuroverzicht. MAB, 71(3), 105-116.
    • Bruining, Hans & Braam, L.G.M. (1997). Financiële leverage en ondernemingsbeleid na management buy-out (1). MAB, 71(3), 105-116.
    • Bruining, Hans (1994). Bevrijding na grensoverschrijding. Manajournal (Rotterdam), 8(6), 14-18.
    • Bruining, Hans, Comble, K. & Wright, M. (1994). Benelux: no more than modest activity. Acquisitions Monthly, October, 107-109.
    • Bruining, Hans & Veen, A.L. van (1994). Desinvesteringen bij Management Buy-Out's. MAB, 68(12), 697-707.
    • Veen, T. & Bruining, Hans (1994). Desinvesteringen via management buy-outs: een verkenning van belangen. MAB, december, 697-707.
    • Wright, M., Robbie, K., Thompson, S., Bruining, Hans, Herst, A., Romanet, Y. & Joachimson, R (1994). Harvesting and the Longevity of Management Buy-Outs and Buy-ins: A Four Country Study. Entrepreneurship Theory and Practice, 18(2), 90-109.
    • Bruining, Hans (1993). Ondernemen op eigen kracht blijkt succesvol alternatief. Economenblad, 15(3), 3-8.
    • Bruining, Hans, Heijnsdijk, J. & Herst, A. (1991). Management buy-outs, A Continuing Story. Voorwoord Special Management Buy-Outs. Bedrijfskunde, 63(4), 390-391.
    • Bruining, Hans & Jong, A.C. de (1991). Trends in managment buy-outs in Nederland. Bedrijfskunde, 63(4), 392-407.
    • Bruining, Hans, Bonnet, M. & Herst, A. (1988). De (management) Buy-Out. Bedrijfskunde, 60, 98-99.
    • Bruining, Hans & Lugtenburg, R. (1988). Toegenomen productiviteit bij management buy-outs. Bedrijfskunde, 60, 111-119.
  • Books (7)
    • Wright, D.M. & Bruining, Hans (2008). Private Equity and Management Buy-outs. 2008: Edward Elgar Cheltenham, UK. Northampton, MA, USA.
    • Bruining, Hans, Bunt, J., Drift, J.F.C. van der, Nijhoff, R.B. & Prins, A.J.W. (1996). Globalization Accelerating Growth. Rotterdam: Le Manageur.
    • Bruining, Hans, Citron, D., Wright, M. & Herst, A.C.C. (1996). Loan convenants, relationship banking and MBOs in default. Rotterdam: RIBES.
    • Bruining, Hans, Wright, M., Robbie, K., Wilson, N., Herst, A.C.C. & Desbrieres, Ph. (1995). Dynamic entrepeneurs: management buy-outs in the UK, France and Holland. Gent: De Vlerick School voor Management.
    • Bruining, Hans & Bonnet, M.P.B. (1994). De management buy-out van TIECO (herziene versie). Rotterdam: @.
    • Bruining, Hans, Middelkamp, A. & Schaick, K. van (1994). Argentinië verzilvert! Rotterdam: EFR/EUR.
    • Bruining, Hans, Graaff, L.E. & Bletz, J.C.F. (Eds.). (1994). Beter presteren na management buy-out. Den Haag: De Nationale Investeringsbank.
  • Book contributions (14)
    • Manigart, S., Maeseneire, W. De, Wright, M., Pruthi, S., Lockett, A., Bruining, Hans, Hommel, U. & Landstrom, H. (2008). How international are European Venture Capital Firms? In L. Dana, M. Han, I.M. Welpe & V. Ratten (Eds.), Handbook of Research on European Business and Entrepreneurship. Towards a Theory of Internationalization (pp. 17-30). Cheltenham: Edward Elgar.
    • Bruining, Hans & Herst, A. (2007). Agency Theory and Management Buy-Out: the Role of the Venture Capitalists. In Greg Gregoriou, Maher Kooli & Roman Kraeussl (Eds.), Venture Capital in Europe (pp. 297-309). Oxford: Butterworth Heinemann.
    • Bruining, Hans & Wright, D.M. (2004). Management buy-out gif of zegen voor de werknemers. In D.N. Hartog & J. Paauwe (Eds.), The spice of science: A collection of papers in honour of Roger Williams (pp. 65-74). Rotterdam: Erasmus University Rotterdam.
    • Bruining, Hans (1999). Management buy-outs and entrepreneurial orientation: evidence from Dutch case studies. In P.D. Reynolds, W.D. Bygrave, G.D. Meyer, S. Manigart, H.J. Sapienza, C.M. Mason & K.G. Shaver (Eds.), Frontiers of entrpreneurship research 1999 (pp. 535-535). South Carolina USA: Babson College.
    • Bruining, Hans (1999). Loan covenants, relationship banking and management buy-outs in default: a comparative study of the UK and Holland. In M.B. Wright & K. Robbie (Eds.), Management Buy-outs and Venture Capital: into the Next Millennium (pp. 153-180). Cheltenham, UK: Edward Elgar Ltd..
    • Bruining, Hans (1999). Reactie op "Management Accounting en sociotechniek". In M.P.B. Bonnet & A. de Bos (Eds.), FMA-kroniek 1999 (pp. 375-377). Rotterdam: Deloitte & Touche.
    • Bruining, Hans, Herst, A.C.C., Bonnet, M.P.B. & Berrevoets, R.R. (1998). Corporate transformation. In M. Wright & K. Starkey (Eds.), Conference Proceedings of the British Academy of Management (pp. 44-46). UK: University Business School Nottingham.
    • Bruining, Hans, Wright, M., Thompson, S., Robbie, K., Herst, A.C.C., Romanet, Y. & Joachimsson, R. (1997). Harvesting and the longevity of management buy-outs and buy-ins: a four-country study. In M. Wright & K. Robbie (Eds.), Venture Capital (The International Library of Management) (HG, 4751.V458) (pp. 429-448). Hants: Dartmouth Publishing Company Limited.
    • Bruining, Hans, Braam, L.G.M. & Herst, A.C.C. (1997). Financial leverage and its implications for business management. In R.L. Jenson & I.R. Jenssen (Eds.), Proceedings of the Twenty-Six Annual Meeting of the Western Decision Sciences Institute, March 25-29 (pp. 166-169). Waikoloa, Big Island of Hawaii, US: Western Decision Science Institute.
    • Bruining, Hans (1996). Bevrijding na grensoverschrijding. In H.A.J. Krosse, J. Paauwe & A.R.T. Williams (Eds.), Shared frontiers of learning (pp. 95-102). Delft: Eburon bv.
    • Bruining, Hans & Herst, A.C.C. (1995). Restructuring and revitalising MBO firms - a study of Dutch divisional management buy-outs. In M. Wright & K. Starskey (Eds.), Annual Conference Revitalising Organisations:The Academic Contribution (Conference Proceedings) (pp. 440-453). Sheffield: British Academy of Management.
    • Bruining, Hans, Neerven, T.H. van & Paauwe, J. (1995). Managing without tradional owners. In P. Flood, M. Cannon & J. Paauwe (Eds.), Managing without Traditional Methods - International Innovations in Human Resource Management (pp. 105-146). Cambridge: Addison Wesley Publishers.
    • Bruining, Hans, Herst, A.C.C., Robbie, K. & Wright, M. (1995). The risk and returns of management buy-outs, evidence from the U.K. and Holland. In G.A. Marcoulides (Ed.), Proceedings of the Twenty-fourth Annual Meeting of the Western Decision Sciences Institute (pp. 166-169). San Francisco, California, USA: California State University.
    • Bruining, Hans, Wright, M., Romanet, Y., Thompson, S., Joachimsson, R. & Herst, A.C.C. (1994). Harvesting longevity and the life cycle of management buy-outs and buy-ins: a four country study. In W.D. Bygrave, M. Hay & J. Peters (Eds.), Financial times: Realizing investment value (pp. 82-110). @: Pitman Publishing.
  • Professional publications (15)
    • Bruining, J., Verwaal, E. & Wright, D.M. (2012). MBOs, private equity and entrepreneurial management. RSM Insight, 10(2), 18-19.
    • Scholes, L., Wright, M., Westhead, P., Bruining, Hans & Kloeckner, O. (2009). Family-Firm Buyouts, Private Equity, and Strategic Change. Journal of Private Equity, 12(2), 7-18.
    • Bruining, Hans & Burrows, A.M. (2001). Dutch buyouts deal flow slowing down. Acquisitions Monthly, November, 62-64.
    • Bruining, Hans (2001). Dutch buyout market remains attractive. Acquisitions Monthly, April, 29-31.
    • Bruining, Hans & Burrows, A.M. (2001). The road to private equity remains open for Dutch buyouts. Acquisitions Monthly, October, 36-37.
    • Bonnet, M.P.B., Bruining, Hans, Corhay, A. & Herst, A.C.C. (2001). Financial leverage and business policy evidence from Dutch management buy-outs. Eight Annual MFS Conference: Verona, Italy (2001, juni 25).
    • Bruining, Hans & Burrows, A.M. (2001). A more positive attitude towards buyouts. Acquisitions Monthly, April, 52-53.
    • Bruining, Hans & Robbie, K. (1998). The Netherlands-steady Dutch deal flow. Acquisitions Monthly, October, 132-133.
    • Bruining, Hans & Robbie, K. (1998). European buyouts - The Netherlands: a record year. Acquisitions Monthly, Supplment(March), 73-74.
    • Bruining, Hans & Berrevoets, R.R. (1997). The Netherlands: A more nature market. Acquisitions Monthly, 132-133.
    • Bruining, Hans & Bonnet, M.P.B. (1997). De Management Buy-Out van TIECO, Integratie Case, Propedeuse Bedrijfshuishoudkunde II. Rotterdam: Erasmus Universiteit Rotterdam.
    • Bruining, Hans & Robbie, K. (1996). The Netherlands and Belgium - value holding up well. Acquisitions Monthly, oct., 124-125.
    • Bruining, Hans & Bonnet, M.P.B. (1996). De Management Buy-Out van TIECO. Rotterdam: Universiteitsdrukkerij.
    • Bruining, Hans & Robbie, K. (1995). Buy-outs in The Netherlands and Belgium: international deals help expand the market. Acquisitions Monthly, September, 116-118.
    • Bruining, Hans & Wright, K. (1995). The Netherlands - double Dutch. Acquisitions Monthly, supplement(november), 116-117.
  • Doctoral thesis
    • Bruining, Hans (1992, November 19). Performance improvement after management-buy-out. PhD in business economics. Erasmus University Rotterdam (379 pag.) (Assen: Van Gorcum). Prom./coprom.: Dr. A.C.C. Herst & A.R.T. Williams.
Recognitions (3)
  • Editorial position (3)
    Journal Journal of Business Venturing
    Role Ad Hoc Reviewer
    Start date 04-07-2008

    Journal Journal of Management Studies
    Role Ad Hoc Reviewer
    Start date 18-03-2008

    Journal Venture Capital
    Role Ad Hoc Reviewer
    Start date 01-09-2005

Visiting address
Office: T07-47
Burgemeester Oudlaan 50
3062 PA, Rotterdam
Netherlands
Postal address
Postbus 1738
3000 DR, Rotterdam
Netherlands
 

Work in progress

  • Bruining, Hans (periode: 2013 t/m 2015). Board of Reviewers Babson Entrepreneurship Research Conference Position at: The Arthur M. Blank Center for Entrepreneurship, Babson College.
  • Turturea, R., Verheul, Ingrid & Bruining, Hans (2014). Does It Pay To Be Cheap, How Financial Bootstrapping Affects The Performance of New Ventures.

Latest publication

Bruining, Hans, Verwaal, Ernst & Wright, Mike (2013). Private Equity and Entrepreneurial management in Management Buy-Outs. Small Business Economics, 40(3), 591-605.[go to publisher's site]

Latest book

Private Equity and Management Buy-outs

Mike Wright & Hans Bruining As private equity markets have gained in importance worldwide over the last…

Latest news

Hans Bruining, new ERIM Member

ERIM welcomes Hans Bruining as a new Member. Hans is currently working as an Associate Professor for the Department of Strategy and Business Environment at RSM Erasmus University.

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