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A comprehensive review of the LBO/private equity literature up to 2009. Should be useful for finding additional sources and catching up with somewhat recent research.
 
====Cumming et al 2007====
 
@article{cumming_private_2007,
series = {Private {Equity}, {Leveraged} {Buyouts} and {Corporate} {Governance}},
title = {Private equity, leveraged buyouts and governance},
volume = {13},
issn = {0929-1199},
url = {http://www.sciencedirect.com/science/article/pii/S0929119907000272},
doi = {10.1016/j.jcorpfin.2007.04.008},
abstract = {This paper provides an overview of the literature on private equity and leveraged buyouts, focusing on global evidence related to both governance and returns to private equity and leveraged buyouts. We distinguish between financial and real returns to this activity, where the latter refers to productivity and broader performance measures. We also outline a research agenda on this topic.},
number = {4},
urldate = {2016-06-17},
journal = {Journal of Corporate Finance},
author = {Cumming, Douglas and Siegel, Donald S. and Wright, Mike},
month = sep,
year = {2007},
keywords = {Corporate governance, Financial and real returns, Management buyouts, Private equity, Total factor productivity},
pages = {439--460},
file = {ScienceDirect Full Text PDF:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\9ZAG35PZ\\Cumming et al. - 2007 - Private equity, leveraged buyouts and governance.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\75WUXVNA\\S0929119907000272.html:text/html}
}
 
 
Literature review on LBOs and private equity. Researchers have explored the following in relation to PTP transitions (table 4):
*Eddey et al (1996): Takeover threat
*Evans et al (2002): Liquidity, growth rate, leverage, R&D
*Weir et al (2005a): CEO ownership share, institutional ownership share, CEO Board Chair duality
 
 
In addition, should consider difference between hedge fund and private equity-financed buyouts (hedge funds less hands-on).
 
===Annotated===
file = {ScienceDirect Full Text PDF:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\CCNSKDXX\\Van de Gucht and Moore - 1998 - Predicting the duration and reversal probability o.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\2IA32N4Q\\S0927539897000236.html:text/html}
}
====Cumming et al 2007====
 
@article{cumming_private_2007,
series = {Private {Equity}, {Leveraged} {Buyouts} and {Corporate} {Governance}},
title = {Private equity, leveraged buyouts and governance},
volume = {13},
issn = {0929-1199},
url = {http://www.sciencedirect.com/science/article/pii/S0929119907000272},
doi = {10.1016/j.jcorpfin.2007.04.008},
abstract = {This paper provides an overview of the literature on private equity and leveraged buyouts, focusing on global evidence related to both governance and returns to private equity and leveraged buyouts. We distinguish between financial and real returns to this activity, where the latter refers to productivity and broader performance measures. We also outline a research agenda on this topic.},
number = {4},
urldate = {2016-06-17},
journal = {Journal of Corporate Finance},
author = {Cumming, Douglas and Siegel, Donald S. and Wright, Mike},
month = sep,
year = {2007},
keywords = {Corporate governance, Financial and real returns, Management buyouts, Private equity, Total factor productivity},
pages = {439--460},
file = {ScienceDirect Full Text PDF:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\9ZAG35PZ\\Cumming et al. - 2007 - Private equity, leveraged buyouts and governance.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\75WUXVNA\\S0929119907000272.html:text/html}
}
 
 
Literature review on LBOs and private equity. Researchers have explored the following in relation to PTP transitions (table 4):
*Eddey et al (1996): Takeover threat
*Evans et al (2002): Liquidity, growth rate, leverage, R&D
*Weir et al (2005a): CEO ownership share, institutional ownership share, CEO Board Chair duality
 
 
In addition, should consider difference between hedge fund and private equity-financed buyouts (hedge funds less hands-on).
====Opler and Titman 1993====

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