Private Equity and Agency Costs: an Economic Analysis

被引:1
|
作者
Baldwin, Adam
机构
关键词
agency costs; asymmetric information; financial regulation; moral hazard; principal-agent problem; private equity;
D O I
10.1111/j.1468-0270.2012.02183.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Private equity(1) is a new and powerful form of general management. Done correctly, it can increase value in firms by closing the 'information gap' between shareholders and management. This can help to reduce agency costs and capture otherwise lost value
引用
收藏
页码:107 / 109
页数:3
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