MIT Sloan School of Management Building E62-346
Sep 23, 2014
12:30 PM - 2:20 PM (GMT-5)
Eileen Appelbaum (Center for Economic and Policy Research) & Rosemary Batt (Cornell University) will discuss the groundbreaking analysis of a hotly contested business model as presented in their new book, Private Equity at Work. They document that while private equity firms have had positive effects on the operations and growth of small and mid-sized companies and in turning around failing companies, the interventions of private equity more often than not lead to significant negative consequences for many businesses and workers. This is an unprecedented analysis of the little-understood inner workings of private equity and of the effects of leveraged buyouts on American companies and workers.