Managerial Incentives and Value Creation: Evidence from Private Equity
收藏数据链接:
官方服务:
资源简介:
We analyze the differences between companies owned by private equity (PE) investors and similar public companies. We document that PE-owned companies use much stronger incentives for their top executives and have substantially higher debt levels. However, we find little evidence that PE-owned firms
提供机构:
美国国家经济研究局创建时间:
2008-09-01



