Existing evidence on the impact of PE ownership on portfolio company growth and performance focuses predominantly on the post buyout PE holding period. Using a sample of over 1,200 realized UK PE buyouts, we track the performance of target firms after the PE exit. We study average portfolio...

It is well recognized that the nature of entrepreneurial activity varies by context and historical epoch. But are there systematic underlying factors that cause such significant differences in the entrepreneurial opportunity set? This paper presents a conceptualization of entrepreneurship based...

In this paper we examine evidence and patterns of the pricing of initial audit engagements covering various types of audit firms and auditees. In contrast to existing empirical studies we use a very large sample of UK private and public companies of all sizes covering a long time period,...

In this study we aim to undertake a comprehensive examination of the audit market in the UK covering the population of limited companies that have and/or are required to file audited accounts. The study will examine over a longer period (1998-2012) the trends in the audit market, measures of...