Narrow search
Showing 1 - 10 of 83
Cover Image
Buying to sell : a theory of buyouts
Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - 2010
Private equity owned firms have more leverage, more intense compensation contracts, and higher productivity than comparable firms. We develop a theory of buyouts in oligopolistic markets that explains these facts. Private equity firms are more aggressive in inducing restructuring compared to...
Persistent link: https://www.econbiz.de/10003914407
Cover Image
Venture Capital Financing, Patenting, and Long-Run Performance of Private Acquisitions
Fabrizi, Simona - 2010
inflate investment costs and acquisition prices. We generate novel testable predictions for the interaction of patent law …
Persistent link: https://www.econbiz.de/10013141931
Cover Image
Creative destruction and productive preemptive acquisitions
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - In: Journal of business venturing 31 (2016) 3, pp. 326-343
Persistent link: https://www.econbiz.de/10011504956
Cover Image
Stock market impact of cross-border acquisitions in emerging markets
Norbäck, Pehr-Johan; Persson, Lars - 2019
interaction model of MNE cross-border acquisition and greenfield entry into an oligopolistic market. We provide an event study … increase when an acquisition is announced if and only if the domestic assets are not too strategically important. If there is … risk associated with cross-border M&As, we show that such risks reduce the likelihood and the acquisition price of cross …
Persistent link: https://www.econbiz.de/10011981294
Cover Image
Stock market impact of cross-border acquisitions in emerging markets
Norbäck, Pehr-Johan; Persson, Lars - In: The North American journal of economics and finance : a … 48 (2019), pp. 346-363
Persistent link: https://www.econbiz.de/10012120269
Cover Image
Cross-border mergers & acquisitions with financially constrained owners
Berg, Aron; Norbäck, Pehr-Johan; Persson, Lars - In: Review of world economics 153 (2017) 3, pp. 433-456
Persistent link: https://www.econbiz.de/10011889351
Cover Image
Does the debt tax shield distort ownership efficiency?
Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - In: International review of economics & finance : IREF 54 (2018), pp. 299-310
Persistent link: https://www.econbiz.de/10012033416
Cover Image
Acquisitions, entry, and innovation in oligopolistic network industries
Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - In: International journal of industrial organization 37 (2014), pp. 1-12
Persistent link: https://www.econbiz.de/10011292590
Cover Image
Acquisition for sleep
Norbäck, Pehr-Johan; Olofsson, Charlotta; Persson, Lars - 2020
Within the policy debate, there is a fear that large incumbent firms buy small firms' inventions to ensure that they are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process invention is small; otherwise, the entry profit will be...
Persistent link: https://www.econbiz.de/10012162423
Cover Image
Threatening to buy : private equity buyouts and antitrust policy
Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - 2018
the threat of a PE acquisition can trigger incumbent mergers in an otherwise mergerstable industry. This can help …
Persistent link: https://www.econbiz.de/10011787914