Kaplan on Private Equity | Organizations and Markets

Kaplan on Private Equity

16 January 2012 at 12:13 pm Peter G. Klein 2 comments

| Peter Klein |

Mitt Romney’s time as head of Bain Capital has put private equity in the public spotlight. Jonathan Macey gave a vigorous defense of PE in Friday’s WSJ. I am certainly a fan, though of course PE as a governance mechanism has benefits and costs, like all organizational structures. For a great overview of the industry and its role in job creation and economic growth, listen to last Thursday’s Diane Rehm show, where Steve Kaplan gave a terrific presentation emphasizing the data and challenging popular myths about takeovers and layoffs.

Entry filed under: - Klein -, Financial Markets, Myths and Realities, Strategic Management, Theory of the Firm.

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2 Comments Add your own

1. David Haarmeyer | 17 January 2012 at 12:19 pm

Great post! Thanks.
Did you see Kaplan’s piece in Bloomberg — here —
http://www.bloomberg.com/news/2011-12-15/romney-honed-right-skills-in-private-equity-commentary-by-steven-kaplan.html
And latest Journal of Applied Corp Finance has an excellent PE roundtable with practitioners and Kaplan.
2. David Hoopes | 18 January 2012 at 10:03 pm

Thanks for the links David

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