The fields of venture capital and private equity are rooted in financing research on capital
budgeting and initial public offering (IPO). Both fields have grown considerably in recent …

This paper reviews research that uses longitudinal microdata to document productivity
movements and to examine factors behind productivity growth. The research explores the …

The purpose of this article and the special issue is to improve our understanding of the
theoretical, managerial, and policy implications of entrepreneurial innovation. We …

Executive Overview For the past decade we have been using double-blind survey
techniques and randomized sampling to construct management data on more than 10,000 …

ABSTRACT Since 1973 technological, political, regulatory, and economic forces have been
changing the worldwide economy in a fashion comparable to the changes experienced …

Much of our understanding of corporations builds on the idea that managers, when they are
not closely monitored, will pursue goals that are not in shareholders' interests. But what …

We examined the use of event studies in management research and found that there was
inadequate attention paid to theoretical and research design issues. This lack of attention …

Private equity critics claim that leveraged buyouts bring huge job losses and few gains in
operating performance. To evaluate these claims, we construct and analyze a new dataset …

In a leveraged buyout, a company is acquired by a specialized investment firm using a
relatively small portion of equity and a relatively large portion of outside debt financing. The …

New organizations are emerging in its p laceorganizations that are corporate in form but
have no public shareholders and are not listed or traded on organized exchanges. These …