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Crucially, I condition my analysis on the existence of an equity stake rather than the endogenous decision to divest it.
The authors illustrate this with some neat statistical analysis of individual areas of America, showing that places where the average equity stake was low suffered significantly more than the rest.
In exchange for an equity stake, FinPlus offers target companies funding, office space, back-office services, product design, marketing support and industry analysis.
Each originally had a 10% equity stake.
And the government could make money on its equity stake.
But Google swooped in and took a defensive equity stake.
The lower the productivity difference, the greater the equity stake offered to investors.
Waste Management now holds an equity stake in InEnTec.
The finance is provided on a medium to long-term basis in exchange for an equity stake.
It strives to increase black wealth through the sale of an equity stake in a company to black empowerment groups.
Furthermore, for empowerment deals completed at a discount, the size of the equity stake was positively associated with shareholder returns.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com