allows us to classify M&As into four categories, depending on the ownership of the acquirer and the target: 1) public re …

We examine the incentive effects of private equity (PE) professionals' ownership in the funds they manage. In a simple … model, we show that managers select less risky firms and use more debt financing the higher their ownership. We test these … risk decreases and leverage increases with the manager's ownership in the fund, but largely only when scaled with her …

We examine the relation between ownership structure and M&A target selection when family firms pursue public firm …

This study investigates the transition from being a listed company with a dispersed ownership structure to being a … privately held company with a concentrated ownership structure. We consider a sample of private equity backed portfolio … comparable public companies. These performance differences come from the increase in ownership concentration after the leveraged …

more passive shareholders (lower ownership per non-institutional shareholder) are less likely to be takeover targets, less … Acquisitions, Ownership Structure and Corporate Governance …