There is little consensus globally on the relationship between board diversity and firm performance. Using the resource dependence and agency views, this paper examines how business group affiliation influences the relationship between board diversity and firm performance as a...

Private equity firms typically invest in small, privately held companies, help them grow and then exit the firm by taking it public or selling it to an acquirer. However, some times, private equity firms invest in public firms through a type of transaction called private investment in public...