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Managerial Incentives and Value Creation: Evidence from Private Equity

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NBER2008-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14331
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资源简介:
We analyze the differences between companies owned by private equity (PE) investors and similar public companies. We document that PE-owned companies use much stronger incentives for their top executives and have substantially higher debt levels. However, we find little evidence that PE-owned firms
提供机构:
美国国家经济研究局
创建时间:
2008-09-01
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