Bruining, Hans; Verwaal, Ernst; Wright, Mike - In: Small Business Economics 40 (2013) 3, pp. 591-605
negatively affect the ability of management buyouts to initiate and sustain entrepreneurial management. This study investigates … buy-out increases in entrepreneurial management. We propose that PE can be used as an organizational refocusing device … that simultaneously increases entrepreneurial and administrative management. We find that majority PE-backed buy …