firms similar to it. The model yields predictions regarding which firm acquires which firm, and the method of payment used …

Private equity firms (PE firms) have become common owners of established firms in concentrated markets. We show that …

-employee pay ratio in our sample is 193:1, suggesting that most firms could have avoided a fall in productivity by reducing their …

Although private equity firms are often criticized for layoffs, little evidence exists regarding which employees lose … workers in less productive firms who perform routine or offshorable job tasks are more likely to lose their jobs. The opposite …

equity in business group constituent firms in contrast to their unaffiliated counterparts, in 202 newly listed firms in 22 … findings reveal private equity retain higher post-IPO ownership in business group constituents compared to unaffiliated firms …

Ceding ownership to outside investors provides a control dilemma for founders. In less developed capital markets with … of the founding entrepreneur. Based on a longitudinal study of 179 listed Caribbean firms, we find that retained founder … ownership reduces information asymmetry vis-à-vis outside minority investors. The reduced information asymmetry is even stronger …

In this chapter we examine the role of the CFO in setting risk management strategy with respect to macroeconomic risk …, in particular, and we consider the information requirements for setting a strategy that is consistent with corporate …

has affected the two firms in different ways with implications for managements' and creditors' approaches to restoring …

This chapter focuses on the role of corporate financial strategies to improve firms' market valuations, and thus lower … linkages between business strategy, firm motivation, and various financial strategies. …

Private equity owned firms have more leverage, more intense compensation contracts, and higher productivity than … comparable firms. We develop a theory of buyouts in oligopolistic markets that explains these facts. Private equity firms are … profits of non-acquiring firms. Predictions on the exit mode and on when private equity firms can outbid incumbents in the …