RT Journal Article
SR Electronic
T1 Private Equity Disciplines for the Corporation
JF The Journal of Private Equity
FD Institutional Investor Journals
SP 6
OP 8
DO 10.3905/jpe.2002.320028
VO 6
IS 1
A1 Paul Rogers
A1 Tom Holland
A1 Dan Haas
YR 2002
UL https://pm-research.com/content/6/1/6.abstract
AB The private equity world has delivered astounding investment returns over the past decade. While this trend will unquestionably be affected by the hang over of the big tech and internet fallout, there is still a long-term trend for superior performance when comparing private companies with public ones. After studying over 2,000 private equity transactions, the authors propose that five management disciplines outline the essential difference between public and private companies: defining a limited investment thesis; getting managers to act like owners; focusing on a few measures; making capital work hard; making the center an active shareholder.