Badunenko, Oleg; Baum, Christopher F.; Schäfer, Dorothea - Boston College / Department of Economics - 2010
their performance. Previous studies documentedthe unambiguous merit of a buyout during the 1980s and 1990s for listedfirms …−2007. Our analysis suggests that shorttermPE investments have, on average, a detrimental effect on firm performance …