Buyouts, information asymmetry and the family management dyad
Howorth, C., Westhead, P., & Wright, M. (2004)
Journal of Business Venturing, 19(4), 509-534
Eight private family firms that chose an MBO or MBI; interviews with former owners and buyout teams. Information asymmetries were widespread and exploited in price and structure; trust mitigated them; asymmetry was lower where the buyout was part of long-term strategy. (Abstract source: Semantic Scholar.)
Sourcedoi:10.1016/j.jbusvent.2003.04.002208 citations (OpenAlex)