TY  - UNPD
A1  - Gill, Andrej
A1  - Visnjic, Nikolai
T1  - Performance benefits of tight control : [Version 18 Juni 2013]
T2  - SAFE working paper series ; No. 24
N2  - This study investigates the transition from being a listed company with a dispersed ownership structure to being a privately held company with a concentrated ownership structure. We consider a sample of private equity backed portfolio companies to evaluate the consequences of the corporate governance changes on operational performance. Our analysis shows significant positive abnormal growth in several performance ratios for the private period of our sample companies relative to comparable public companies. These performance differences come from the increase in ownership concentration after the leveraged buyout transaction.
T3  - SAFE working paper - 24 
KW  - private equity
KW  - leveraged buyouts
KW  - active shareholders
KW  - ownership concentration
KW  - corporate governance
Y1  - 2013
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/30577
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-305771
UR  - http://ssrn.com/abstract=2281230
IS  - Version 18 Juni 2013
PB  - SAFE
CY  - Frankfurt am Main
ER  -