Hammer, Benjamin; Pettkus, Silke; Schweizer, Denis; … - In: British Journal of Management 33 (2022) 1, pp. 231-265
This paper explores how diversity among lead partner teams (LPTs) of private equity (PE) funds affects buyout performance. We argue that there is a trade-off between the ‘bright side’ of diversity (i.e. improved decision-making due to a broader set of perspectives) and the ‘dark side’...