We study the political behavior of family firms, the most prevalent corporate structure across
the developing world. We argue that family firms are more politically active because their …

All over the world, small and medium-sized (SME) construction firms are prone to high
mortality rates. Indigenous construction firms (ICFs)(mostly SMEs) must adopt practices that …

Family firms account for a substantial share of economic activity and deviate from standard
economic assumptions on firm behavior. However, little is known about how these firms are …

We examine the role of non-venture private equity (PE) firms as intermediaries in the market
for corporate assets. We argue that, in order to create and capture value by acquiring …

We study the restructuring of the labor force after M&As by taking a comprehensive view that
analyzes targets, acquirers, and merged firms. We show that acquirers' establishments grow …

Value creation of private equity (PE) firms in portfolio companies has received much
attention in research. This systematic literature study aims to review, evaluate, and organize …

Private equity's original purpose was to optimize companies' governance and operations.
Reuniting ownership and control in corporate America, the leveraged buyout (or the mere …

There is great interest in evaluating the impact of private equity investments on innovation
and economic growth. However, there is no direct empirical evidence on the effects of such …

We show that private equity leveraged buyouts (LBOs) reduce perceived job quality despite
not impacting average base pay. This appears to reflect higher risk for employees. Both job …

We investigate if economic factors drive gross and net cross-border venture capital inflows
differently. Using a dataset of venture capital investments in European and North American …