Demiroglu, Cem; James, Christopher M. - In: Journal of Financial Economics 96 (2010) 2, pp. 306-330
This paper investigates whether the reputation of acquiring private equity groups (PEGs) is related to the financing structure of leveraged buyouts (LBOs). Using a sample of 180 public-to-private LBOs in the US between January 1, 1997 and August 15, 2007, we find that reputable PEGs are more...