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The effects of private equity buyouts on employment, productivity, and job reallocation vary tremendously with … millions of control firms. Employment shrinks 13% over two years after buyouts of publicly listed firms - on average, and … of credit conditions or slowing of GDP growth curtails employment growth and intra-firm job reallocation at target firms …
Persistent link: https://www.econbiz.de/10013163171
for buyout firms, relative to non-buyout firms. Another key finding is that revenue and employment growth for PE- backed …
Persistent link: https://www.econbiz.de/10011083197
The effects of private equity buyouts on employment, productivity, and job reallocation vary tremendously with … millions of control firms. Employment shrinks 13% over two years after buyouts of publicly listed firms - on average, and … of credit conditions or slowing of GDP growth curtails employment growth and intra-firm job reallocation at target firms …
Persistent link: https://www.econbiz.de/10013167912
a private equity buyout. Unemployment risk declines despite lower employment growth for continuing establishments … - attributable to hiring freezes rather than to layoffs - and a lack of change in firm level employment growth. A plausible …
Persistent link: https://www.econbiz.de/10010320400
a private equity buyout. Unemployment risk declines despite lower employment growth for continuing establishments … – attributable to hiring freezes rather than to layoffs – and a lack of change in firm level employment growth. A plausible …
Persistent link: https://www.econbiz.de/10010538870
This paper investigates the effects of going public on innovation by comparing the innovative activity of firms that went public with firms that withdrew their IPO filing and remained private. NASDAQ fluctuations during the book-building phase are used as an instrument for IPO completion. Using...
Persistent link: https://www.econbiz.de/10013064878
Purpose - the study has a dual purpose. First, to assess the impact of the most important determinants of financial performance, which have been measured through four generations of indicators. In addition, the study provides the first quantification of interdependencies between different...
Persistent link: https://www.econbiz.de/10013348754
Corporate governance (CG) is a fundamental criteria for enhancing investors' and stakeholders' trust, relatively recently recognized in emerging markets. This study investigates the effects of CG practices on the firm-level financial performance of Borsa Istanbul XKURY-indexed companies during...
Persistent link: https://www.econbiz.de/10013256398
This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private equity in business group constituent firms in contrast to their unaffiliated counterparts, in 202 newly listed firms in 22 emerging African economies. We adopt an actor centred...
Persistent link: https://www.econbiz.de/10011343015
Using a unique proprietary data set of 460 realized buyouts completed between 1990 and 2005, we examine the risk appetite of private equity (PE) sponsors in different states of the PE market and analyse key determinants of deal-level equity risk. We develop a new approach to mathematically model...
Persistent link: https://www.econbiz.de/10012905970