The impact of private equity firms on employment in their portfolio companies is a controversial topic widely discussed in academia and in practice in recent years. A large body of research has resulted from this debate. The studies are focused on different aspects of employment and are based on...

It is well documented the positive impact of the Private Equity and Venture Capital (“PE/VC”) industry on the creation and development of highly successful innovative companies in a few countries, mainly in the United States. PE/VC firms not only provide capital to start-ups and SMEs (small...

This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private equity in business group constituent firms in contrast to their unaffiliated counterparts, in 202 newly listed firms in 22 emerging African economies. We adopt an actor centred...