Straska, Miroslava; Waller, Gregory; Yu, Yao - In: Managerial Finance 38 (2012) 2, pp. 124-142
Purpose – This paper aims to examine whether investment efficiency improves after publicly‐traded firms are taken private. Design/methodology/approach – The analysis uses univariate comparisons and regression analysis of panel data. Findings – Before going private, firms' investment...