Wright, Mike; Wilson, Nick; Robbie, Ken - In: Journal of Entrepreneurial and Small Business Finance 5 (1996) 3, pp. 213-234
There is now extensive evidence on short-term performance improvements in buy-outs, but little relating to the longer …-term. This paper examines the relatively neglected area of the longevity and longer-term effects of smaller buy-outs. In terms of … longevity, the evidence presented shows that the majority remain as independent buy-outs for at least eight years after the …