Private equity and industry performance

"The growth of the private equity industry has spurred concerns about its potential impact on the economy more generally. This analysis looks across nations and industries to assess the impact of private equity on industry performance. Industries where PE funds have invested in the past five ye...

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Bibliographic Details
Main Authors: Bernstein, Shai, Lerner, Josh, Sørensen, Morten, Strömberg, Per
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Boston, Ma. 2009
Harvard Business School Press
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19178066124919962489-Private-equity-and-industry-pe.htm
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author Bernstein, Shai
Lerner, Josh
Sørensen, Morten
Strömberg, Per
author_facet Bernstein, Shai
Lerner, Josh
Sørensen, Morten
Strömberg, Per
collection Library items
description "The growth of the private equity industry has spurred concerns about its potential impact on the economy more generally. This analysis looks across nations and industries to assess the impact of private equity on industry performance. Industries where PE funds have invested in the past five years have grown more quickly in terms of productivity and employment. There are few significant differences between industries with limited and high private equity activity. It is hard to find support for claims that economic activity in industries with private equity backing is more exposed to aggregate shocks. The results using lagged private equity investments suggest that the results are not driven by reverse causality. These patterns are not driven solely by common law nations such as the United Kingdom and United States, but also hold in Continental Europe."
format TEXT
geographic developed countries
id 19178066124919962489_74d1140d844046a28b5f184d6dfcf382
institution ETUI-European Trade Union Institute
is_hierarchy_id 19178066124919962489_74d1140d844046a28b5f184d6dfcf382
is_hierarchy_title Private equity and industry performance
language English
physical 38 p.
Digital
publishDate 2009
publisher Boston, Ma.
Harvard Business School Press
spellingShingle Bernstein, Shai
Lerner, Josh
Sørensen, Morten
Strömberg, Per
employment
industrial production
productivity
statistics
private equity
Private equity and industry performance
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=114655793283
title Private equity and industry performance
topic employment
industrial production
productivity
statistics
private equity
url https://www.labourline.org/KENTIKA-19178066124919962489-Private-equity-and-industry-pe.htm