The Agency Costs of Private Equity: Why Do Limited Partners Still Invest?
This paper examines the private equity (PE) corporate governance model by bringing together insights from legal scholarship, management studies, finance economics, and government data. While the PE business model emerged to solve the principal–agent conflicts found in large publicly traded corporati...
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Published in | Academy of Management perspectives Vol. 35; no. 1; pp. 45 - 68 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
Briarcliff Manor
Academy of Management
01.02.2021
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Subjects | |
Online Access | Get full text |
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