Earnings Quality and Ownership Structure : The Role of Private Equity Sponsors

@inproceedings{Katz2008EarningsQA,
  title={Earnings Quality and Ownership Structure : The Role of Private Equity Sponsors},
  author={Sharon P. Katz},
  year={2008}
}
This study explores how firms’ ownership structures affect their earnings quality and long-term performance. Focusing on a unique sample of private firms for which there is financial data available in the years before and after their initial public offering (IPO), I differentiate between those that have private equity sponsorship (PE-backed firms) and those that do not (non-PEbacked firms). The findings indicate that PE-backed firms generally have higher earnings quality than those that do not… CONTINUE READING
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