Private equity at work : when Wall Street manages Main Street / Eileen Appelbaum and Rosemary Batt.
Publisher's description: 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...
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Other title: | When Wall Street manages Main Street. |
Format: | Book |
Language: | English |
Published: |
New York :
Russell Sage Foundation,
[2014]
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Summary: | Publisher's description: 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. |
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Physical Description: | xiii, 381 pages : illustrations ; 23 cm. |
Bibliography: | Includes bibliographical references (pages 307-363) and index. |