On the basis of an empirical analysis of 491 UK recent secondary management buyouts (SMBOs), we find strong evidence of a deterioration in long‐run abnormal returns following SMBO deals. SMBOs also perform worse than primary buyouts in terms of profitability, labor productivity, and growth. We...

Incorporating Phase Change Materials (PCMs) into traditional building structures has been considered as an effective way to reduce the mismatch between energy supply and demand and in turn to minimise energy consumption (cooling/heating energy). For building applications, Phase Change Material...

Thermal energy storage with phase change materials (PCMs) offers a high thermal storage density with a moderate temperature variation, and has attracted growing attention due to its important role in achieving energy conservation in buildings with thermal comfort. Various methods have been...

This paper provides a comparative examination of the consequences of leveraged buyouts (LBOs) and corporate takeovers on employment growth and wage growth. Employing both difference‐in‐differences combined with propensity score matching and the control function approach, we find evidence...

In 2015, the UK government plans to widen patient choice of general practitioner (GP) to improve access through the voluntary removal of practice boundaries in the English NHS. This follows a 12-month pilot in four areas where volunteer GP practices accepted patients from outside their...

In response to increasing environmental concerns, to improve energy security and to conserve energy use, the US government has proposed a new round of Corporate Average Fuel Economy (CAFE) standards. Many studies have focused on how the CAFE standard can be met by various automakers that have...