Do Small Firm Leveraged Buyouts Add Value to the U.S. Economy?
Abstract
Following a discussion of the theory of entrepreneurship, this article explains why small firm leveraged buyouts are likely to produce more innovative, efficient, and profitable organizations than those which existed prior to the change in ownership. The article concludes that, unlike the recent hostile acquisitions of publicly traded corporations,small firm leveraged buyouts add value to the U.S. economy and should be recognized as healthy entrepreneurial activity.
Keywords
Citation
Krause, D.S. (1989), "Do Small Firm Leveraged Buyouts Add Value to the U.S. Economy?", American Journal of Business, Vol. 4 No. 2, pp. 7-10. https://doi.org/10.1108/19355181198900012
Publisher
:MCB UP Ltd
Copyright © 1989, MCB UP Limited