Working Paper
The Choice Between Various Freeze-out Procedures and its Consequences
We develop a model of freeze-out merger and tender offers and test it in an economy where merger and tender regulation are extremely different. Using a...
Read moreGovernment Control of Privatized Firms
We study the change in government control of privatized firms in OECD countries. Results indicate that governments typically transfer ownership...
Read moreRegulation of Private Equity - Backed Leveraged Buyout Activity in Europe
Private equity-backed leveraged buyout activity in European markets has risen to unprecedented levels in recent years. This has yielded significant...
Read moreAll Clear for Takeoff: Evidence from Airports on the Effects of Infrastructure Privatization
Infrastructure assets have undergone substantial privatization in recent decades. How do different types of owners target and manage these assets?...
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