Private equity at work
when Wall Street manages Main Street
by Eileen Appelbaum
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"Offers a new, original analysis of how private equity firms are affecting jobs and the sustainability of companies in a slow economic recovery. Also draws on extensive research to explain how the private equity business model creates incentives for excessive use of debt, putting healthy companies and their workers at risk. While demonstrating the constructive effects that some private equity firms have had, the book's research debunks commonly held myths about the industry and provides a nuanced analysis of private equity's contribution to economic inequality and unemployment. It also offers critical insights into policies that improve transparency, increase accountability and curb the negative effects of private equity." -- Publisher's description.
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Private equity at work: when Wall Street manages Main Street
2014, Russell Sage Foundation
in English
0871540398 9780871540393
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Includes bibliographical references and index.
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