Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10009559738
Persistent link: https://www.econbiz.de/10011437576
We show how temporary ownership by private equity firms affects industry structure, competition and welfare. Temporary ownership leads to strong investment incentives because equilibrium resale prices are determined by buyers incentives to block rivals from obtaining assets. These incentives...
Persistent link: https://www.econbiz.de/10013078529
Persistent link: https://www.econbiz.de/10010188672
Persistent link: https://www.econbiz.de/10011811991