Private Equity's Unintended Dark Side: On the Economic Consequences of Excessive Delistings
收藏NBER2016-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21909
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资源简介：
Over the past two decades, the U.S. stock market has been shrinking as the public firm model has begun to fall out of favor. We develop a political economy model of delistings to study the wider economic consequences of this trend. We show that the private and social incentives to delist firms from
提供机构：
美国国家经济研究局
创建时间：
2016-01-01
