Kosedag, Arman; Mehran, Jamshid; Qian, Jinhu - In: Managerial Finance 35 (2009), pp. 716-728
Purpose -The purpose of this paper is to examine the informational asymmetry (informational advantage of managers) in leveraged buyout (LBO) transactions. Design/methodology/approach -Unlike previous studies of informational asymmetry in LBOs, this research uses a set of reverse-LBO and re-LBO...