Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10003795131
Persistent link: https://www.econbiz.de/10011577532
A popular view is that private equity (PE) firms tend to expropriate other stakeholders of their portfolio companies. Bonds offered during 1992-2011 by companies after their initial public offerings (IPOs) do not reflect this view. We find that yield spreads on bonds offered by PE-backed...
Persistent link: https://www.econbiz.de/10013064680