==James==
===LernerAnnotated=== ====Jensen 1988==== @article{jensen_takeovers:_1988, title = {Takeovers: {Their} {Causes} and {Consequences}}, volume = {2}, issn = {0895-3309}, shorttitle = {Takeovers}, url = {http://www.jstor.org/stable/1942738}, number = {1}, urldate = {2016-06-17}, journal = {The Journal of Economic Perspectives}, author = {Jensen, Michael C.}, year = {1988}, pages = {21--48} }General overview of LBOs. Free cash flow theory. For our purposes, the following are relevant:*Oil and gas, banking and finance, insurance are top 3 target industries (1981-84)*Warning signs: large cash flows, acquisition activity, low growth prospects
====Lerner 2013====
*They do adjust for overall average of non-LBO firms
*Uses Seagate as a case study
===Unsorted===
====Artz et al 2010====
*Also claims patents are negatively related to growth in this sample.
*Controls for year and industry (but not firm size, since it is correlated with R&D spending).
===Unsorted===
====Axelson 2013====
}
====hagedoorn Hagedoorn 2003====
@article{hagedoorn_measuring_2003,
file = {ScienceDirect Full Text PDF:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\9ZAG35PZ\\Cumming et al. - 2007 - Private equity, leveraged buyouts and governance.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\75WUXVNA\\S0929119907000272.html:text/html}
}
====Jensen 1988====
@article{jensen_takeovers:_1988,
title = {Takeovers: {Their} {Causes} and {Consequences}},
volume = {2},
issn = {0895-3309},
shorttitle = {Takeovers},
url = {http://www.jstor.org/stable/1942738},
number = {1},
urldate = {2016-06-17},
journal = {The Journal of Economic Perspectives},
author = {Jensen, Michael C.},
year = {1988},
pages = {21--48}
}
General overview of LBOs. Free cash flow theory. For our purposes, the following are relevant:
*Oil and gas, banking and finance, insurance are top 3 target industries (1981-84)
*Large cash flows, acquisition activity
====Opler and Titman 1993====