Do Private Equity Managers Earn Their Fees? Compensation, Ownership, and Cash Flow Performance
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We study the relation between compensation practices, incentives, and performance in private equity using new data that connect ownership structures, management contracts, and quarterly cash flows for a large sample of buyout and venture capital funds from 1984-2010. Although many critics of private
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美国国家经济研究局创建时间：
2012-03-01
