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  3. Groh, Alexander, and Oliver Gottschalg (2006) ‘The risk-adjusted performance of US buyouts.’ Les Cahiers de Recherche 834, HEC Paris, January
  4. MBOs: The role of venture capital.’Journal of Business Finance & Accounting32(3-4), 643– 682
  5. Jensen, Michael C. (1988) ‘Takeovers: Their causes and consequences.’Journal of Economic Perspectives2(1), 21–48 (1991) ‘Corporate control and the politics of finance.’Journal of Applied Corporate Finance 4, 13–33 (1993) ‘The modern industrial revolution, exit, and the failure of internal control sys-
  6. Kaplan, S. (1989) ‘The effects of management buyouts on operating performance and value.’Journal of Financial Economics24, 217–254
  7. Williamson, Oliver E. (1967) ‘Hierarchical control and optimum firm size.’Journal of Political Economy75, 123