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Mike Wright is Professor of Financial Studies, Director of the Centre for Management Buyout Research at the University of Nottingham, where he has taught in various capacities since 1978. In 1997 he was a visiting professor at Texas A&M University. His principal academic papers have appeared in Journal of Business Venturing, California Management Review, Journal of Applied Corporate Finance, Economic Journal, Strategic Management Journal, Entrepreneurship: Theory and Practice, Accounting and Business Research, Financial Accountability and Management, and Journal of Business Finance and Accounting. He is the author of over twenty books, including: Management Buy-outs (1985), The Logic of Mergers (1987), Management Buy-ins: Entrepreneurship, Active Investors and Corporate Restructuring (1996), Readings in Venture Capital (1997), Corporate Governance: An Economic and Financial Analysis (1997), Corporate Governance: Risk. Remuneration and Entrepreneurship (1997) and Management Buy-outs and Venture Capital: Into the Next Millennium (1998). He is European Editor of Entrepreneurship: Theory and Practice.