What Public Companies Can Learn from Private Equity [Archive.org URL]

Private equity offers a distinctive governance model that, in many respects, is superior to that found at public companies. This model allows private-equity firms to drive changes in a company’s fundamental value-creation performance. The good news, for public managers, is that they don’t necessarily have to sell out to a private-equity firm in order to benefit from this superior governance model. It’s possible to adapt some of its most important features to the realities and constraints that public companies face.

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