Private Equity's Unintended Dark Side: On the Economic Consequences of Excessive Delistings
NBER Working Paper No. 21909
---- Acknowledgements ----
Financial support from the Swedish Securities Dealers Association Support Foundation (Persson and Tåg) and from the Marianne and Marcus Wallenberg Foundation (Ljungqvist) is gratefully acknowledged. We thank Brent Goldfarb, Armando Gomes, Josh Lerner, Gustavo Manso, Morten Sørensen, Thomas Tangerås, Sheridan Titman, and audiences at the Helsinki Center for Economic Research, Lund University, the 2014 Distinguished Public Lecture at the Institute for Advanced Study, the 2015 Dean’s Lecture at City University, the 2015 IFN Workshop on Corporate Ownership, the 2016 Henry Grunfeld Lecture, and the 2016 LBS Private Equity Symposium for excellent comments and suggestions. Fredrik Andersson, Charlotta Olofsson, Arvid Hedlund, Malin Olsson Tallås, and Olga Pugatšova provided outstanding research assistance. Ljungqvist gratefully acknowledges the generous hospitality of IFN while working on this project. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.