Showing 1 - 10 of 6,725
1997–2005 but continued operating as standalone companies, we investigate the role of controlling shareholders in delisting … delisting announcement when the controlling shareholder takes the company private, but this lower premium disappears once we … controlling shareholders, we find no evidence of performance improvement after the delisting …
Persistent link: https://www.econbiz.de/10013116410
We study changes in the design of CEO contracts when firms transition from being public with dispersed ownership to being private with strong principals in the form of private equity sponsors. These principals redesign many, but far from all, contract features. There is no evidence that they...
Persistent link: https://www.econbiz.de/10009009486
Persistent link: https://www.econbiz.de/10010350997
Persistent link: https://www.econbiz.de/10010371301
Persistent link: https://www.econbiz.de/10003822124
Persistent link: https://www.econbiz.de/10003972101
Persistent link: https://www.econbiz.de/10003990789
Persistent link: https://www.econbiz.de/10009579706
Persistent link: https://www.econbiz.de/10010531303
We analyze a publicly-traded firm's decision to stay public or go private when managerial autonomy from shareholder intervention affects the supply of productive inputs by management. We show that both the advantage and the disadvantage of public ownership relative to private ownership lie in...
Persistent link: https://www.econbiz.de/10011348720