Using a sample of acquisitions of unlisted firms completed by public companies from 17 Western European countries over … announcement period abnormal returns to acquirers. 12.5% of the unlisted targets are PE-backed. Acquisitions of PE-backed firms are …

There is a growing controversy as to the impact of private equity acquisitions, especially in terms of their impact on …

that even though GPs facilitate some value-increasing acquisitions, they do have, on average, an overall negative effect on … managerial slack, and/or to GPs making it attractive for executives to go along with some value-decreasing acquisitions that do …

We examine the impact of acquisitions on executive pay in UK acquirers over 1984-2001. For the overall sample, which … affected by target nationality or organizational form, although initial cross-border acquisitions do result in higher pay. Pay … increases are higher following acquisitions of targets with high pay, but not of targets in high pay countries. CEOs are …