Opening the black box: Power in buyout negotiations and the moderating role of private equity specialization
Ahlers, O., Hack, A., Kellermanns, F., & Wright, M. (2016)
Journal of Small Business Management, 54(4), 1171-1192
176 PE professionals each reporting on one buyout deal. Competition, expertise and time pressure drive the PE firm's perceived bargaining power against selling owners; industry and size specialisation moderate.
Sourcedoi:10.1111/jsbm.1223528 citations (OpenAlex)