[en] The analysis of one million written reviews and ve million quantitative ratings shows that employees
dislike ownership changes, and more so when their company goes under private equity
ownership. With private equity, there are less complaints about ine ciencies and more complaints
about management attitude towards other employees, which exacerbates a pre-existing welfare gap
with management. While some generalist sponsors are associated with rating improvements, several
sponsors specializing in Tech-Buyouts have negative ratings across their companies; showing
heterogeneity of management practices across sponsors.
Disciplines :
Finance
Author, co-author :
Lambert, Marie ; Université de Liège - ULiège > HEC Liège : UER > UER Finance et Droit : Analyse financière et finance d'entr.
Moreno Miranda, Nicolas ; Université de Liège - ULiège > HEC Liège : UER > UER Finance et Droit : Analyse financière et finance d'entr.