The debate over the broader impact of the private equity industry has been a contentious topic in the academic literature. While recently, private equity investors have endorsed sustainability in their investment strategies, little is known whether the industry promotes sustainable...

Objective: This study explores the characteristics of worldwide acquisitions of private-equity-backed (PE) private companies. It examines the impact of the subprime crisis, the acquirer's choice of target, and the implications on deal value. Research Design & Methods: This study uses deal-level...