Desbrières, Philippe; Schatt, Alain - In: Revue Finance Contrôle Stratégie 5 (2002) 4, pp. 79-106
In this paper, we study to what extent French LBOs investment policy and operations can explain their overperformance discrepancy. Our empirical study has been carried out on 132 French LBOs between 1989 and 1994. The results show that the abnormal falling of their economic return cannot be...
